• C is the total cost of the tow ($) • M is the miles towed How to Calculate Tow Rate? The following example problems outline how to calculate Tow Rate. Example Problem #1: 1. First, determine the total cost of the tow ($).
• The total cost of the tow ($) is given as: 500. 2. Next, determine the miles towed. • The miles towed is provided as: 20. 3. Finally, calculate the Tow Rate using the equation above: TR = C / M The values provided above are inserted into the equation below and computed. TR = 500 / 20 = 25 ($/mile)

Example Problem #2:

For this problem, the variables required are provided below:

total cost of the tow (\$) = 600

miles towed = 10