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Natasha_Volkova [10]
1 year ago
9

Geraldo recently saw a newspaper ad for a new version of his laptop. the projected price is $400.00, and the laptop will be out

on the market in about one year. geraldo wants to purchase a new laptop but is wondering if he should wait a year. with 2.5% inflation, what amount would he pay to purchase a laptop today that is the same value as the one he saw in the ad? responses $390.24 $390.24 $397.30 $397.30 $390.00 $390.00 $397.50
Mathematics
1 answer:
Tanya [424]1 year ago
5 0

The amount he had to pay if he have to purchase a laptop today that is the same value as the one he saw in the ad is $ 390.24.

Given that:-

Price of the laptop after 1 year = $ 400.

Inflation rate = 2.5 %

We have to find the amount he had to pay if he have to purchase a laptop today that is the same value as the one he saw in the ad.

Let the price he had to pay be x.

Hence, we can write,

x + (x*(2.5)*1)/100 = 400

x(1 + 1/40) = 400

x(41/40) = 400

x = 400*40/41 = $ 16000/41 = $ 390.24.

To learn more about amount, here:-

brainly.com/question/8082054

#SPJ1

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Cheddar Cheese
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Complete question :

Cheddar Cheese

$3/lb

Swiss Cheese

$5/lb

Keisha is catering a luncheon. She has $30 to spend on a mixture of Cheddar cheese and Swiss cheese. How many pounds of cheese can Keisha get if she buys only Cheddar cheese? Only Swiss cheese? A mixture of both cheeses?

What linear equation in standard form can she use to model the situation?

Answer:

10 lbs of cheddar cheese

6 lbs of Swiss cheese

$3a + $5b = $30

Step-by-step explanation:

Given that :

Cheddar cheese = $3/lb

Swiss cheese = $5/lb

Total amount budgeted for cheese = $30

How many pounds of cheese can Keisha get if she buys only Cheddar cheese?

Pounds of cheedar cheese obtainable with $30

Total budget / cost per pound of cheddar cheese

$30 / 3 = 10 pounds of cheedar cheese

Only Swiss cheese?

Pounds of cheedar cheese obtainable with $30

Total budget / cost per pound of Swiss cheese

$30 / 5 = 6 pounds of Swiss cheese

A mixture of both cheeses?

What linear equation in standard form can she use to model the situation?

Let amount of cheddar cheese she can get = a

Let amount of Swiss cheese she can get = b

Hence,

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$3a + $5b = $30

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