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Plains, Lines and Automobiles 1. Mr. Slater paid $32,000 for a car. Suppose that the car depreciates linearly at the rate of 15% per year. a. Write an equation for the value, V, of the car after t years. V(t) = _______________________________ b. Graph the equation – be very careful to use appropriate windows. Windows: Xmin: _________ Xmax: _________ Ymin: __________ Ymax: __________ c. Use the graph to determine how long it will take for the value of the car to depreciate to $3000. ____________________ d. Use the graph to estimate how long it will take for the car to lose all of its value. ____________________ 2. A communications satellite transmits 1.8 million messages per year. Assume the number of messages will increase at a constant rate of 10% per year. a. Write an equation of the number of messages, N, that will be transmitted after t years. ____________________________________ b. Graph the equation. Windows: Xmin: _________ Xmax: _________ Ymin: __________ Ymax: __________ c. Use the graph to estimate how man messages will be transmitted 2 years from now. Round your answer to the nearest million. ____________________ d. Use the graph to estimate how many messages will be transmitted 5 years from now. ____________________ 3. A coffee company sells boxes of K-cups containing decaf and caffeinated K-cups. Caffeinated sells for $.50 per K-cup and decaf sell for $.35 per cup. If a box containing 2 dozen K-cups sells for $11.20, how many of each kind is in the box? Price per Quantity Equation 1: ________________________________ Equation 2: ________________________________ Answer: _______________ Total Cost 4. You plan to spend $127,000 on 20 commercials. A commercial spot during Two and a Half Men costs $5000. The same commercial during a locally televised elementary school swim meet is $8000. How many commercials of each kind can be purchased? Price per Quantity Total Cost Equation 1: ________________________________ Equation 2: ________________________________ Answer: _______________ 5. A math whiz can do a hard problem in 3 hours and an easier one in 2 hours. She charges $40 to do a hard problem and $30 to do an easy one. The mathematician wishes to work 40 hours per week and to earn $560 per week. How many of each kind of must she turn each week? Price per Quantity Total Cost Equation 1: ________________________________ Equation 2: ________________________________ Answer: _______________ 6. An apartment building contains 80 units. Some of these are one-bedroom units renting for $425 per month and some are two-bedroom units renting for $550 per month. When the building is entirely rented, the total monthly rental income is $38,375. How many apartments of each type are there? Price per Quantity Total Cost Equation 1: ________________________________ Equation 2: ________________________________ Answer: _______________ 7. An 18% alcohol solution is mixed with a 45% alcohol solution to produce 12 ounces of 36% alcohol solution. How many ounces of the two kinds of solution are necessary? Price per Quantity Equation 1: ________________________________ Equation 2: ________________________________ Answer: _______________ Total Cost