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Katen [24]
4 years ago
12

Lily goes car shopping and finds two cars. The first one burns fossil fuel, gasoline, that sells for $18,000. It will cost $100

each month to buy fuel and maintain this car. The second car is a fuel cell car that is cleaner for the environment, but costs $22,400. It will cost $60 each month to run and maintain this car.
If Lilly keeps the car for 5 years, how much will each car cost to buy and run over the 5 year period? Which car should Lilly buy?
Mathematics
1 answer:
Anna007 [38]4 years ago
4 0

Answer:

Cost to buy and run the first car for 5 years=$24000

Cost to buy and run the second car for 5 years=$26000

I think we should buy the first car, because It is cheaper to buy and maintain

Step-by-step explanation:

first car:

Cost $18000 to buy

Cost $100 to maintain each month

5years =5 x 12=60months

Cost to maintain for 60months=100x60=$6000

First car cost to buy and run over the 5 year period=18000+6000=$24000

Second car:

It cost $22400 to buy

Cost $60 to maintain each month

5years=60months

Cost to maintain for 60months is 60 x 60=$3600

Cost to buy and run over the second car for 5years is 22400+3600=$26000

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marusya05 [52]

Answer:

  (a)  A = 700×1.015^t

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Step-by-step explanation:

(a) Each year, the account value is multiplied by (1 + 1.5%) = 1.015. Repeated multiplication is signified using an exponent. In t years, when the account has been multiplied by 1.015 t times, the account value will be ...

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(b) You want to find t when A=$1200. Logarithms are involved.

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