Average Price of New Cars and Average Age of Cars on U.S. Roads | 2008 2014 $40,000 11.6 11.3 $38,000 37,600 11.3 $36,000 11.0 % $34,000 10.7 $32,000 10.4 30,100 10.1 $30,000- 10.1 $28,000 9.8 Average Price Average Age of a of a New Car Car on U.S. Roads Average New-Car Price A vera ge Car Age (Years)
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
Despite booming new car sales with their cha-ching sounds, the average age of vehicles on U.S. roads is not going down. The bar graph shows the average price of new cars in the United States and the average age of cars on U.S. roads for two selected years.
Solve, In 2014, the average price of a new car was $37,600. For the period shown, new-car prices increased by approximately $1250 per year. If this trend continues, how many years after 2014 will the price of a new car average $46,350? In which year will this occur?
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