4х + 5 = 3х + 4? please help with this equation!
2 answers:
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Answer:
10 years and 10 months.
Step-by-step explanation:
The annually interest rate (ia) can be converted by monthly (im) by the equation:
(1 + im)¹² = 1 + ia
(1 + im)¹² = 1 +0.01
(1 + im)¹² = 1.001 (putting ln in both sides)
ln(1 + im)¹² = ln1.001
12*ln(1 + im) = 1.0x10⁻³
ln(1 + im) = 8.33x10⁻⁵(applying "e in both sides)
1 + im = 1.00083
im = 0.00083 = 0.083%
For a investimenting, the final amount (A) can be calculated by:
Where R is the amount invested per month, i is the interest, and n the number of months:
160000 = 400 *
= 400
1.00083ⁿ - 1 = 0.332
1.00083ⁿ = 1.332 (applying ln in both sides)
n*ln1.00083 = ln1.332
8.3x10⁻⁴n = 0.2867
n = 345.4 months
345.4 months *1 yea12 months = 10 years and 10 months.
The best buy is from dealership B because dealership B has a lesser base price
<h3>The add-on options</h3>For the purpose of this exercise, the add-on options to select are:
- Sunroof
- Keyless entry
The total amount of the add-on options is:
Total = $500 + $1500
Total = $2000
<u>The inequality</u>
This is represented using:
Base price * (1 + Tax) + Fees + Add-on total ≤ 20000
So, we have:
(1 + 6.75%) * x + 751.56 + 2000 ≤ 20000
<u>Solve for x</u>
We have:
(1 + 6.75%) * x + 751.56 + 2000 ≤ 20000
Evaluate the like terms
(1 + 6.75%) * x ≤ 17248.44
Divide both sides by (1 + 6.75%)
x ≤ 16157.79
The solution means that the base price of the car cannot exceed $16157.78 for dealership A
<u>The graph of the possible base price</u>
See attachment
<h3>Dealership B</h3>The total amount of the add-on options is:
Total = $750 + $1000
Total = $1750
<u>The inequality</u>
This is represented using:
Base price * (1 + Tax) + Fees + Add-on total ≤ 20000
So, we have:
(1 + 6.75%) * x + 1524.72 + 1750 ≤ 20000
<u>Solve for x</u>
We have:
(1 + 6.75%) * x + 1524.72 + 1750 ≤ 20000
Evaluate the like terms
(1 + 6.75%) * x ≤ 16725.28
Divide both sides by (1 + 6.75%)
x ≤ 15667.71
The solution means that the base price of the car cannot exceed $15667.71 for dealership B
<u>The graph of the possible base price</u>
See attachment
<h3>Where to buy from</h3>Buy from dealership B because dealership B has a lesser base price
Read more about inequality at:
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