Michael wants to buy an efficient Smart car that according to the latest EPA standards gets 33 mpg in the city and 40 mpg on the highway. The car that Michael picked out costs $16,800. His dad agreed to purchase the car if Michael would pay it off in equal monthly payments for the next 70 months. The equation y=-240x+16,800 represents the amount, y (in dollars), that Michael owes his father after x months. (a) How much does Michael owe his dad after 3 months? (b) Determine the slope of the line and interpret its meaning in the context of this problem. Part 1 of 3 How much does Michael owe his dad after 3 months? Michael owes $ after 3 months. Part 2 of 3 Determine the slope of the line. The slope is Part 3 of 3 Interpret the meaning of the slope in the context of this problem. The amount Michael owes his father (Choose one) by $ per month. X

Michael wants to buy an efficient Smart car that according to the latest EPA standards gets 33 mpg in the city and 40 mpg on the highway. The car that Michael picked out costs $16,800. His dad agreed to purchase the car if Michael would pay it off in equal monthly payments for the next 70 months. The equation y=-240x+16,800 represents the amount, y (in dollars), that Michael owes his father after x months. (a) How much does Michael owe his dad after 3 months? (b) Determine the slope of the line and interpret its meaning in the context of this problem. Part 1 of 3 How much does Michael owe his dad after 3 months? Michael owes $ after 3 months. Part 2 of 3 Determine the slope of the line. The slope is Part 3 of 3 Interpret the meaning of the slope in the context of this problem. The amount Michael owes his father (Choose one) by $ per month. X

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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