document.write( "Question 1129909: 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 9%, the Jeep by 5%, and the Toyota by 11%. 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? (Round your answers to the nearest integer.) \n" ); document.write( "
Algebra.Com's Answer #746568 by greenestamps(13200)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "Let last year's prices be B, J, and T. The sum of the prices last year was $140,000: \n" ); document.write( "(1) \n" ); document.write( "The BMW increased in price by 9%, the Jeep by 5%, and the Toyota by 11%. The sum of the prices this year is $151,830: \n" ); document.write( "(2) \n" ); document.write( "The price of last year's Jeep was $7000 less than the price of last year's BMW: \n" ); document.write( "(3) \n" ); document.write( "With the ugly decimal coefficients, I would definitely use matrices on a graphing calculator to solve the problem. The first two equations are in the required form for most graphing calculators; the third equation needs to be put in that form. The matrix would be \n" ); document.write( " \n" ); document.write( "You can do the calculations.... \n" ); document.write( "Note the answers are nice whole numbers.... \n" ); document.write( " |