Assignment: Comparing Cars with Tables (10 points)
You are considering buying two different vehicles.
• The first is a car at $21,523, and an estimated annual operating cost of $3300.
• The second is a fuel-efficient van at $24,540 and an estimated annual operating cost of $2550.
Use these equations to represent the cost (y) of the cars over x years:
Y = 21,523 + 3300 X
Y = 24,540 + 2550 X
1. Fill in the following tables, using the equations. (5 points)
Round to the nearest whole dollar.
Car # Years 0 1 2 3 4 5 6
$ Cost
Van # Years 0 1 2 3 4 5 6
$ Cost
2. Answer the following questions. (5 points)
a. How much does each vehicle cost initially?
b. How much does each cost to operate for one year?
c. Which one initially costs less?
d. Which one will cost less over the six years?
e. When do they cost about the same?