Question 514422: suppose the value of a certain wine varies jointly as its age and its rating. if a 90 point wine from 2001 is valued at $150, find the value of a 96 point wine from 1983.
Answer by solver91311(24713) (Show Source):
You can put this solution on YOUR website!
The process you need to use is to say that the value, , is equal to the age, , times the rating, , times a constant of proportionality, .
then plug in the values for , , and and calculate the value for . Then you can calculate the value for any age and rating.
The only thing that is a little iffy is that you don't say when this problem was written. If this is a 2002 problem, the the age of a 2001 wine is one year. On the other hand, if this is a 2011 problem, a 2001 wine is 10 years old. Whatever it is, you get different values of .
John

My calculator said it, I believe it, that settles it
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