To calculate the tow rate:
\[ TR = \frac{C}{M} \]
Where:
The tow rate is calculated as the total cost of the tow divided by the miles towed. It represents the cost per mile for towing a vehicle.
Let's assume the following values:
Step 1: Divide the total cost of the tow by the miles towed:
\[ TR = \frac{150}{30} = 5 \text{ $/mile} \]
