A car rental company wants to buy 100 new cars. Compact cars cost $12,000 each, intermediate size cars cost $18,000 each, and full size cars cost $24,000 each, and the company has a $1,500,000 budget. If they purchase twice as many compact cars as intermediated size cars, determine the number of cars of each type that they buy, assuming they spend the entire budget. (Use matrix method
A car rental company wants to buy 100 new cars. Compact cars cost $12,000 each, intermediate size cars cost $18,000 each, and full size cars cost $24,000 each, and the company has a $1,500,000 budget. If they purchase twice as many compact cars as intermediated size cars, determine the number of cars of each type that they buy, assuming they spend the entire budget. (Use matrix method
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter6: Linear Systems
Section6.2: Guassian Elimination And Matrix Methods
Problem 100E
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A car rental company wants to buy 100 new cars. Compact cars cost $12,000 each, intermediate size cars cost $18,000 each, and full size cars cost $24,000 each, and the company has a $1,500,000 budget. If they purchase twice as many compact cars as intermediated size cars, determine the number of cars of each type that they buy, assuming they spend the entire budget. (Use matrix method
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