A taxi company charges $1.25 for the first quarter of a mile and fifteen cents for each additional quarter of a mile. What is the maximum distance someone could travel with $4.90?  Choose one:
A) 4 miles
B) 4 1/4 miles
C) 4 3/4 miles
D) 5 1/2 miles
E) 6 1/3 miles
If we start out with $4.90 and have to spend $1.25 for the first quarter-mile, we will have $3.65 left to spend on quarter-mile intervals.   Since $3.65/$0.15 = 24.33 we can buy 24.33 more quarter-miles, and will travel 25.33 quarter miles in all:   25.33 × 1/4 =6 1/3 miles.   The correct answer is choice (6 1/3 miles).
<result>E</result>
A taxi company charges $1.25 for the first quarter of a mile and fifteen cents for each additional quarter of a mile. What is the maximum distance someone could travel with $4.90?