Answer:
325 miles; $92
Step-by-step explanation:
Lets make a system of equations first. Let f(x) be the cost for the first plan and g(x) be the cost for the second plan. Also, x will be the amount of miles driven.
[tex]f(x)=40+0.16x\\g(x)=53+0.12x[/tex]
To find when the two plans cost the same, set them both equal to each other.
[tex]f(x)=g(x)\\40+0.16x=53+0.12x\\0.04x = 13\\x=325[/tex]
To find the cost when the two plans cost the same, plug x = 325 back into any of the original equations:
[tex]f(x)=40+0.16x\\f(x)=40+0.16*325=40+52=92[/tex]