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Question 420·Hard·Algebra

A university parking office offers two ways to pay for on-campus parking during the 240-day academic year.

  • Pay-as-you-go plan: $6 per day for the first 100 days parked during the year and $2 per day for each additional day parked during the same year.
  • Annual permit: A one-time fee of $480 that allows unlimited parking for the entire academic year.

What is the minimum number of days a student must park on campus in the academic year for purchasing the annual permit to cost less than paying for the pay-as-you-go plan?