document.write( "Question 1031124: Trey bought a desktop computer and a laptop computer. Before finance charges, the laptop cost
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document.write( "$200
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document.write( "less than the desktop. He paid for the computers using two different financing plans. For the desktop the interest rate was
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document.write( "9%
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document.write( " per year, and for the laptop it was
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document.write( "7%
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document.write( " per year. The total finance charges for one year were
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document.write( "$306
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document.write( ". How much did each computer cost before finance charges? \n" );
document.write( "
Algebra.Com's Answer #645910 by Theo(13342) You can put this solution on YOUR website! x = price of a desktop computer \n" ); document.write( "y = price of a laptop computer\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the price of the laptop computer is 200 less than the price of a desktop computer.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "this means that y = x - 200.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "i1 = interest on desktop computer. \n" ); document.write( "i2 = interest on laptop computer.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "i1 = .09 * x \n" ); document.write( "i2 = .07 * y\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the total finance charges for one year are 306.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "this means that i1 + i2 = 306 which means that .09x + .07y = 306.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "since y = x - 100, this formula becomes .09x + .07(x-200) = 306.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "simplify to get .09x + .07x - 14 = 306\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "combine like terms to get .16x - 14 = 306.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "add 14 to both sides of the equation to get .16x = 320.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "divide both sides of this equation by .16 to get x = 2000.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "since y = x - 100, this means that y is equal to 1800.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the desktop computer cost 2000. \n" ); document.write( "the laptop computer cost 1800.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( ".09 * 2000 = 180. \n" ); document.write( ".07 * 1800 = 126.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "180 + 126 = 306.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "solution is confirmed to be correct.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the desktop computer cost 2000 before the finance charge was applied. \n" ); document.write( "the laptop computer cost 1800 before the finance charge was applied.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |