Question

Now that you are successful in your new position, you have decided to reward yourself with a new (or new to you) vehicle. Sources say you should strive to have your vehicle payment be no more than 10% of your gross monthly salary, which you already computed in question 3. Write an inequality, using x to represent your gross monthly salary and y to represent your monthly car payment, which could be used to calculate the range of payments that will work in your budget. (Do NOT input your salary on this step).

Answer 1

Answer:

The inequality is

0< y<= 0.1x

Explanation:

If X represent the gross monthly salary and and y represent your monthly car payment the inequality.

10% of x= 0.1x

no more than 10% of your gross monthly salary means

Y <= 0.1x

The inequality therefore is 0< y<= 0.1x

Answer 2

Answer:

Range is : (0, 0.1x)

Explanation:

Problem has no information about amount of salary, so I will just use 'x' and 'y'.

Problem says that vehicle payment should be no more than 10% of gross monthly salary. This means that vehicle payment (Y) equals to 0.1 (10%) multiplied by gross monthly salary, which is stated as 'X'.

From this y = 0.1 X;

Next, if we want to identify range of payments: (0; 0.1X).

This means that any amount of money between 0 and 0.1X is acceptable.