The price of a certain new car increases by the same amount each yearyear

Question

The first year it was $23600 and in the 12th year it was $32400 in which year will the cost be $36400

Answer 1

Hi Debby,

 

11 years passed between the first year and the 12th year so we need to divide the increased price by 11:

 

   32400

 - 23600

-----------

     8800

 

8800 / 11 = $700 per year.

 

Now to determine how in many more years the price will be $36400, you need to subtract the current price of $32400 and then divide by $700.

 

Have fun.

 

Dan