Furniture Land is tracking their operating costs. They notice that the costsare reducing each month by a constant amount.The graph below shows the costs for the first 5 months. The cost for thesecond month is also given.2200021000•- (2, 20250 )200001900012 of 13180001700016000 1900012of 131800017000IMC1600013456.(a) What was the cost at month 1?(b) Determine the cost at month 6.(c) An equation for the costs on the nth month can be simplified to:Cn = b – 750nDetermine the value of b. Show your working.(d) In which month will the cost be equal to $15,000?----

From the graph it is observed that the trend is linear.

Answered: (a) What was the cost at month 1? (b)…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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(a) What was the cost at month 1? (b) Determine the cost at month 6. (c) An equation for the costs on the nth month can be simplified to: C, = b - 750n Determine the value of b. Show your working. (d) In which month will the cost be equal to $15,000? --