Place value of 6 in 2.675 and 1 in 804.721
1 answer:
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9514 1404 393
Answer:
- 20 months
- $5500
Step-by-step explanation:
There are a couple of ways to work a problem like this. You have probably been taught to write equations for each of the payment amounts as a function of time, then equate those values to solve for the time that makes them equal.
at dealer 1, the total amount paid (y) will be a function of months (x):
y = 2500 +150x
at dealer 2, the corresponding equation is ...
y = 3000 +125x
These are equal when ...
y = y
2500 +150x = 3000 +125x
25x = 500 . . . . . . . . . subtract 125x +2500 from both sides
x = 500/25 = 20
The total paid will be the same after 20 months.
That amount is ...
y = 2500 +150(20) = 5500
$5500 will be paid to either dealer after 20 months.
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The other way to work the problem is to "cut to the chase". The difference in down payment is made up at the rate of difference in monthly payments. So The number of monthly payments (x) required to equal the difference in down payments is ...
25x = 500 . . . . . . . . . you may recognize this equation from above
x = 500/25 = 20
Step-by-step explanation:
Let's rewrite the given equation such that only y is on the left side and everything else on the right side:
Simplifying this by dividing by 6, we get
This line has a slope of -1/2, which means that a line perpendicular to this has a slope of 2 (i.e., negative reciprocal). So we can write its equation as
This is the slope-intercept form of the equation of the line perpendicular to our given line. To complete this form, we need to find the value of b. Since this line passes through (1, -7), put these numbers into our equation to get
Therefore, the slope-intercept form of the equation can be written as