2 1/4 ⋅ 9/5 —> 9/4 ⋅ 9/5 = 81/20 or 4 1/20 or 4.05
Step-by-step explanation:
the total cost is, of course, first the cost to buy the copier, and then the running costs per copy made.
it is really that easy.
the equations just put this into mathematical form :
A
y = 0.02×x + 800
B
y = 0.06×x + 600
please notice, we put $600 or $800 in as constant term, because these costs are the starting costs that we have, even if we never make a single copy (x = 0).
and then the total cost goes up with every copy we make.
I cannot draw here.
so, to find the number of copies where both copier systems would cost the same, means we have to say both equating deliver the same result :
0.02×x + 800 = 0.06×x + 600
200 = 0.04×x
x = 200 / 0.04 = 5000
when making 5000 copies both costs are the same.
Answer:
Term payback = 15 yr = $331527.6 20 yr = $394389.65 rounded up by 0.002. Shows 15 yr is $62862.05 less as result of return 5 yrs earlier.
Step-by-step explanation:
20 yr = $1643.29 at 105% = 82.1645 paid x 12 x 20 = 19719.48 interest + 1561.1257 to loan x 12 x 20 = 374670.168 total with Int at 5%= 394389.648
15 yr=$1841.82.= $1841.82 - 73.6728= 1768.1472 to loan p/m = 20 yr 318266.496 + interest of 73.6728 = 13261.104 total with interest at 4%=331527.6
