Jim decides to start a small nonprofit business of renting out motor scooters to help out his area residents. He puts in his own money and buys 5 motor scooters, each priced at $3,000. He incurs no other costs because he keeps the motor scooters in his own garage. The motor scooters last for 5 years. The number of motor scooters and the probability that they would be rented per month is shown in the table. At what price per month should Jim rent out a scooter in order to break even?

Question

anonymous · Answer

Number of Scooters 	0 	1 	2 	3 	4 	5

Probability 	        1      5      10    10     5       1
                               35    35     35    35    35    35