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Nataliya [291]
2 years ago
11

Costs of Attendance

Mathematics
1 answer:
erastovalidia [21]2 years ago
8 0

Answer:

y = 3,224x + 750

Step-by-step explanation:

Assuming the scholarship and grants are applied using the slope intercept form y=mx+b where m is the slope in this case the cost per year attending x the number of years attended and b the y intercept which in this case is the one time fee subtracting 13,774 by 10,550 gives us 3,224.

Since the one time fee is only in place once that would make it the y intercept therefore y=3,224x+750 is the correct answer

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Ray wants to buy an item worth 500$ in the most cost-effective way. Let's study each of the 3 cases and see with option is the best.

In the first option, he'll buy the item at list price with a coupon for $10 off. So he'll buy it at 500-10 =$490.

In the second option, he'll buy a membership for $35 and then get the item at a 15% discount. With a 15% discount, the price of the item will be 500 - (500*0.15) = 500 - 75 = $425. And with the membership price, he'll pay a total of 425 + 35 = $460.

The third option is to buy the item online at a 10% discount and pay $4 for the shipping. At 10% discount, the price of the item will be 500 - (500*0.1) = 500 - 50 = $450. And with cost of the shipping, he'll pay a total of 450+4 = $454.


So if he chooses the first option, he'll pay $490. With the second, he'll pay $460. And finally with the third, he'll pay $454.

So the third option is the most cost-effective, buying the item at $454.

Hope this helps! :)

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