1.Your employer asks you to drive 100 miles for business purposes. They will reimburse you $57.50 for the 100 miles (based on the 2020 IRS rate). You already have a full tank of gas, so you are able to drive the whole 100 miles without stopping. This means that you do not actually spend any money during the trip. Does $57.50 cover all of your costs?

Is there a travel distance above which you save money by renting a car for $35?