## Financial Algebra 1st Edition Chapter 5 Automobile Ownership

**Page 219 Problem 1 Answer**

Given that sales tax rate in Mary Ann′s state is 4%.

Also given the price of the car is x dollars.

We have to find the total cost of the car with sales tax algebraically.

As we know that the sales tax is the product of the price of the item with the sales tax rate,

So we have it as Sales tax= Price of item × Sales tax rate

=x×4/100

Sales tax=0.04x dollars

Hence we have the Sales tax algebraically as 0.04x dollars

**Page 219 Problem 2 Answer**

Given that Ramon plans to sell his car and places an ad with x lines.

The news paper charges y dollars for the first g lines and p dollars per extra line to run the ad for a week.

Also given that x>g

We have that The news paper charges y dollars for the first g lines and p dollars per extra line to run the ad for a week.

As we have given that x>g

Now we have the extra numbers that are extra chargable is x−g

So that we have the cost of running the ad for a week as gy+(x−g)p

cost of running the ad for a week=gy+xp−gp dollars.

Hence we have the cost of running the ad for a week as gy+xp−gp dollars.

**Page 220 Problem 3 Answer**

Given that Smithtown News charges $38 for a classified ed ad that is 4 or fewer lines long.

Each line above four lines costs an additional $6.25.

We can express the piece wise function

Now let us assume that c(x) represent the cost.

Now let us consider the number of lines of the ad as x

Now we have the piece wise function as

c(x)={38 when x≤4

{ 38+6.25(x−4) when x>4

Hence we have the piecewise function as

c(x)={38 when x≤4

{ 38+6.25(x−4) when x>4

**Page 221 Problem 4 Answer**

We are given : The piece-wise function :

p(w)={60 when w≤5

{ 60+8(w−5) when w>5

We have to: Translate the function into words.

Answer: Translating we get: The classified ad charges $60 for the first 5−lines and $60+8(w−5) for each additional line w

Translating we get: The classified ad charges $60 for the first 5−lines and $60+8(w−5) for each additional line w

**Page 221 Problem 5 Answer**

We have to : Find the cusp of the graph of the piece-wise function :

c(x)={42.50 when x≤5

{ 42.50+7(x−5) when x>5

The cost function changes from c(x)=38 to c(x)=38+6.25(x-4) when x becomes laeger than 4

x-coordinates cusp=4

y-coordinates cusp=c(4)=38

The coordinates of the cusp are:(4,38)

**Page 222 Problem 6 Answer**

We have to find :

How much does a six-line ad cost.

Cost 4 additional lines = Number of additional lines × Cost per additional line

= 4 × 7

= $28

Total cost = Cost first 2 lines + Cost 4 additional line

= $19.50 + $28

= $47.50

Total cost = $47.50

**Page 222 Problem 7 Answer**

We have to find :

How much would a four-line ad with a photo cost.

Total cost = Cost first 3 lines + Cost 1 additional line + Cost Photo

= $45 + $8.50 + $40

= $93.50

The total cost of a four-line ad with a photo cost : $93.50

**Page 222 Problem 8 Answer**

We are given that : Cost first 4 lines : g dollars

Cost per additional line : d dollars

We have to : Write an expression for the cost of a7 line advertisement.

We have find the cost of the 7−line ad, thus we are placing 7−4=3 additional lines beside the basic 4−line ad

Cost 3 additional lines = Number of additional lines × Cost per additional line

= 3 × d

= 3d

Total cost = Cost first 4 lines + Cost 3 additional line

= g + 3d

The cost of a 7 line advertisement : g + 3d

**Page 222 Problem 9 Answer**

We have to :

Express the cost of an x−line ad algebraically.

Cost x − m additional lines = Number of additional lines × Cost per additional line

= (x − m) × d

= d(x − m) dollars

Total cost = Cost first m lines + Cost x − m additional line

= g + d(x − m) dollars

Total cost = g + d(x − m) dollars.

**Page 222 Problem 10 Answer**

We have to find : How much does Samantha need to pay for these extra charges, not including the price of the car.

State tax = State tax rate × Purchase price

= 4% × $4, 200

= 0.04 × $4, 200

= $168

Total extra charges = State tax + Charge license plates + Charge state safety and emissions inseption

= $168 + $47 + $35

= $250

Total extra charges = $250

**Page 222 Problem 11 Answer**

We have to find : What would the new price be if Ralph reduced it according to the suggestion.

Discount = Discount rate × Selling price

= 5% × $18, 500

= 0.05 × $18, 500

= $925

New selling price = Selling price − Discount

= $18, 500 − $925

= $17, 575

New selling price : $17,575

**Page 222 Problem 12 Answer**

We are given,

Cost first 200 characters: $46

Cost per additional character: $0.15

We have to,express the cost c(x) of an ad as a piece wise function.

Let us assume : x = number of characters in ad

c(x) = cost of ad

Cost x − 200 additional characters = Number of additional characters × Cost per additional character

= (x − 200) × 0.15

= 0.15(x − 200)

c(x) = Total cost = Cost first 200 characters + Cost x − 200 additional characters

= 46 + 0.15(x − 200) if x > 200

c(x) = {46 if x ≤ 200

{46 + 0.15(x − 200) if x > 200

**Page 222 Problem 13 Answer**

We have to, Graph the function :

c(x)={46 if x≤200

46+0.15(x−200) if x>200

Sketching the graph we get :

The required graph :

**Page 222 Problem 14 Answer**

We have to: Find the coordinates of the cusp in the graph.

We can see that : the cost function changes from c(x) = 46 to c(x) = 46 + 0.15(x − 200) when x becomes larger than 200

So we have : The x−coordinate of the cusp is at x = 200

y−coordinates cusp = c(x) = 46

The coordinates of the cusp are : (46, 200)

**Page 222 Problem 15 Answer**

We have to find : How much would the magazine charge to print a2x1/2−inch ad

The amount to be paid for the 2×1/2 inch ad :

21/2 × 67 = $167.50

The amount to be paid for the 2×1/2 inch ad :

$167.50

**Page 223 Problem 16 Answer**

We have to : Find if the newspaper charges$48 for the first three lines and $5

for each extra line, how much will this ad cost.

Cost 2 additional lines = Number of additional lines × Cost per additional line

= 2 × 5

= $10

Total cost = Cost first 3 lines + Cost 2 additional line

= $48 + $10

= $58

Total cost = $58

**Page 223 Problem 17 Answer**

We have to find : If Ruth buys the car for 8% less than the advertised price, how much does she pay

We are given that :

Selling price = $52, 900

Discount rate = 8% = 0.08

Discount = Discount rate × Selling price

= 8% × $52, 900

= 0.08 × $52, 900

= $4, 232

New selling price= Selling price − Discount

= $52, 900 − $4, 232

= $48, 668

New selling price = $48, 668

**Page 223 Problem 18 Answer**

We have to : How much sales tax must be paid.

Discount = Discount rate × Selling price

= 8% × $52, 900

= 0.08 × $52, 900

= $4, 232

New selling price = Selling price − Discount

= $52, 900 − $4, 232

= $48, 668

Sales tax = Sales tax rate × New selling price

= 6% × $48, 668

= 0.06 × $48, 668

= $2, 920.08

Sales tax = $2, 920.08

**Page 223 Problem 19 Answer**

We are given that : Advertised price=$12,000

Selling price=$11,200

Commission rate=4%=0.04

We have to find : How much must be paid for the ad.

Commission = Commission rate × Advertised price

= 4% × $12, 000

= 0.04 × $12, 000

= $480

Commission = $480

**Page 223 Exercise 1 Answer**

We are given the Piecewise function :

c(x)={38 when x≤4

{ 38+6.25(x−4) when x>4

We have to find the cost of a three-line ad.

Answer: We know that, cost is 38 if no. of lines is less than or equal to 4

Therefore,cost of a 3−line ad =38 cost of a 3−line ad =38

**Page 223 Exercise 2 Answer**

We are given the Piece wise function :

c(x)={38 when x≤4

{ 38+6.25(x−4) when x>4

We have to find the difference in cost between a one-line ad and a four-line ad.

We know that, the cost is 38 is the number of lines is less than or equal to 4.

Therefore, there is no difference in cost between a one-line ad and a four-line ad.

There is no difference in cost between a one-line ad and a four-line ad.

**Page 223 Exercise 3 Answer**

We are given the Piece wise function :

c(x)={38 when x≤4

{ 38+6.25(x−4) when x>4

We have to: Find the cost of a seven-line ad.

Cost of a 7−line ad :

c(7) = 38 + 6.25(7 − 4)

= 38 + 6.25(3)

= 56.75

Cost of a 7−line ad = 56.75

**Page 223 Exercise 4 Answer**

We are given the Piecewise function :

c(x) = { 38 when x ≤ 4

{ 38 + 6.25(x − 4) when x > 4

We have to: Graph this function on your graphing calculator

Sketching the graph we get :

Sketching the graph we get

**Page 223 Exercise 5 Answer**

We are given the Piecewise function :

c(x) = { 38 when x ≤ 4

{ 38 + 6.25(x − 4) when x > 4

We have to: Find the coordinates of the cusp from the graph.

The cost function changes from c(x) = 38 to c(x) = 38 + 6.25(x − 4) when x become larger than 4

x−coordinates cusp = 4

y−coordinates cusp = c(4) = 38

The coordinates of the cusp are : (4, 38)

**Page 223 Exercise 6 Answer**

We are given that: The piecewise function describes a newspaper’s classified ad rates :

y={21.50 when x≤3

{ 21.50+5(x−3) when x>3

We have to: Translate the function into words.

Answer : Translating we get :

A newspaper charges $21.50 for the first 3−lines and $5 for each additional line

Translating we get :

A newspaper charges $21.50 for the first 3−lines and $5 for each additional line

**Page 223 Exercise 7 Answer**

Given

y={ 21.50 when x≤3

{ 21.50+5(x−3) when x>3

If the function is graphed,

we need to find the coordinates of the cusp.

Given:

c(x) = { 21.50 if x ≤ 3

{ 21.50 + 5(x − 3) if x > 3

The cusp is the point in the graph where the two straight lines meet,where each straight line will represent one ”piece” of the piecewise function.

The x−coordinate of the cusp is at x = 3,because the cost function changes from c(x) = 21.50 to c(x) = 21.50 + 5(x − 3) when x becomes larger than 3 x−coordinates cusp = 3

The y−coordinates of the cusp is then the cost function evaluated at x34 : y−coordinates cusp = c(3) = 21.50

Thus the coordinates of the cusp are then (3, 21.50)

Thus the coordinates of the cusp are then (3, 21.50)

**Page 223 Exercise 8 Answer**

In the above question they have given

Charge: $15

Cost first 5 lines: $2.5 per line

Cost per additional line: $8

We need find If x is the number of lines in the ad, write a piecewise function for the cost of the ad, c(x)

Let x represent the number of lines in the ad and let c(x) represent the cost of the ad.

When x ≤ 5, then the cost is $2.5 per line for each of the first 5 lines (thus you need to pay for 5 lines even if you use less than 5 lines and $8 per additional line

The cost of the lines is then the product of the price per line and the number of lines x :

Cost x lines = Number of lines × Cost per line ad additional line beside the basic5 ad line

= 5 × 2.5

= 12.5 if x ≤ 5

The total cost is then the sum of the charge and the cost of the x lines:

c(x) = Total cost x lines

= Charge + Cost per line

= 15 + 12.5

= 27.5 if x ≤

When x > 5, then the costs is $2.5 per line for the first 5 lines and $8 per additional line.

The cost of the first 5 lines is 1

Cost 5 lines = Number of lines × Cost per line 2.5 perline.

= 5 × 2.5

We are interested in placing a

= 12.5

x−line ad, thus we are placing x−5

Cost x − 5 additional tines = Number of additional lines × Cost per ad additionall ines beside the basic5 − line ad.

= (x − 5) × 8

= 8(x − 5)

x−line ad then includes the charge, the cost of the first 3 lines and the cost of the additional x−3

c(x) = Total cost lines.

= Charge + Cost first 3 tines + Cost x − 3 additional line

= 15 + 12.5 + 8(x − 5) Combining this in for

= 27.5 + 8(x − 5) if x > 3

c(x) = {27.5 if x ≤ 5

{27.5 + 8(x − 5) if x > 5

piecewise function for the cost of the ad, c(x) is

{27.5 if x ≤ 5

{27.5 + 8(x − 5) if x > 5