One parcel of land is worth $100,000 now and is increasing in value at a rate of $3,000 per year. A second parcel of land is worth $60,000 now and is increasing in value at a rate of $8,000 per year. Write an equation that expresses the total value of the land (y) in years (x). When will the parcels be worth the same amount? How much will that be?

One parcel of land is worth $100,000 now and is increasing in value at a rate of $3,000 per year. A second parcel of land is worth $60,000 now and is increasing in value at a rate of $8,000 per year. Write an equation that expresses the total value of the land (y) in years (x). When will the parcels be worth the same amount? How much will that be?

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter2: Equations And Inequalities

Section: Chapter Questions

Problem 3T

See similar textbooks

Similar questions

The number of hours it takes for ice to melt varies inversely with the air temperature. Suppose a block of ice melts in 2 hours when the temperature is 65 degrees. a. Write the equation of variation. b. How many hours would it take for the same block of ice to melt if the temperature was 78 degrees?
The number of hours it takes for ice to melt varies inversely with the air temperature. Suppose a block of ice melts in 2 hours when the temperature is 65 degrees Celsius. (a) Write the equation of variation. (b) How many hours would it take for the same block of ice to melt if the temperature was 78 degrees?
Explain why you should simplify both sides of an equation as much as possible before collecting the variable terms to one side and the constant terms to the other side.
The number of calories, c, burned varies directly with the amount of time, t, spent exercising. Arnold burned 312 calories in 65 minutes exercising. (a) Write the equation that relates c and t. (b) How many calories would he burn if he exercises for 90 minutes?
The distance an object falls varies directly to the square of the time it falls. If an object falls 52.8 feet in 4 seconds, how far will it fall in 9 seconds?
Explain in your own words what it means for an equation to model a real-world situation, and give an example.
The number of hours it takes for ice to melt varies inversely with the air temperature. A block of ice melts in 2.5 hours when the temperature is 54 degrees. How long would it take for the same block of Ice to melt if the temperature was 45 degrees?
Crime prevention The number f(x) of incidents of family violence requiring police response appears to be related to x, the money spent on crisis intervention, by the equation f(x)=4300.005x. What expenditure would reduce the number of incidents to 350?