One refrigerator sells for $700 and uses $85 worth of electricity per year. A second refrigerator is
Question:
One refrigerator sells for $700 and uses $85 worth of electricity per year. A second refrigerator is $100 more expensive but costs only $25 per year to run. Assuming that there are no repair costs, the costs to run the refrigerators over a 10-yr period are given by the following system of equations. Here, y represents the total cost in dollars, and x is time in years.
y = 700 + 85x
y = 800 + 25x
In how many years will the costs for the two refrigerators be equal? What are the equivalent costs at that time?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
College Algebra
ISBN: 978-0134697024
12th edition
Authors: Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels
Question Posted: