Suppose that you currently own a clothes dryer that costs $30 per month to operate. A new efficient dryer costs $530 and has an estimated operating cost of $20 per month. How long will it take for the new dryer to pay for itself?The clothes dryer will pay for itself in months.

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Answered: Suppose that you currently own a…

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter2: Solving Linear Equations

Section2.2: Use A Problem Solving Strategy

Problem 164E: Because of road construction in one city, commuters were advised to plan that their Monday morning...

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If during the following year it is predicted that each comedy skit will generate 30 thousand and each musical number 20 thousand, find the maximum income for the year. A television program director must schedule comedy skits and musical numbers for prime-time variety shows. Each comedy skit requires 2 hours of rehearsal time, costs 3000, and brings in 20,000 from the shows sponsors. Each musical number requires 1 hour of rehearsal time, costs 6000, and generates 12,000. If 250 hours are available for rehearsal and 600,000 is budgeted for comedy and music, how many segments of each type should be produced to maximize income? Find the maximum income.
Last year, at Haven's Pond Car Dealership, for a particular model of BMW, Jeep, and Toyota, one could purchase all three cars for a total of $140,000. This year, due to inflation, the same cars would cost $151,830. The cost of the BMW increased by 8%, the Jeep by 5%, and the Toyota by 12%. If the price of last year's Jeep was $7,000 less than the price of last year's BMW, what was the price of each of the three cars last year?
At the Pizza Dude restaurant, a 12-in. pizza costs 5.40 to make, and the manager wants to make at least 4.80 from the sale of each pizza. If the pizza will be sold by the slice and each pizza is cut into 6 pieces, what is the minimum charge per slice?
If you are solving a break-even analysis and there is no break-even point, explain what this means for the company. How should they ensure there is a break-even point?

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Suppose that you currently own a clothes dryer that costs $30 per month to operate. A new efficient dryer costs $530 and has an estimated operating cost of $20 per month. How long will it take for the new dryer to pay for itself? The clothes dryer will pay for itself in months.