Let t minutes be the time needed.
Mike is traveling at 7160 mi/min and Ike is traveling at 1 mi/min.
1 minute after Ike passed the one-mile mark, Mike passes the one-mile mark. But in that one minute that Mike used to catch up to Ike, Ike has traveled an extra 1 mile. So at that specific moment:
|-------------------------|------------------------|
1 mi Mike 1 mi Ike
t minutes after that moment, total distance travelled by Mike is (1+7160t) miles and total distance travelled by Ike is (2+t) miles.
When Mike catches up to Ike, the total distance traveled will become the same. so 1+7160t=2+t. Please solve for t on your own.
Then (t + 2) minutes is the answer.