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Chapter 3: Q. 3.21 (page 314)

According to the National Automobile Dealers Association, the average cost of a car in 2014 was \(28,500. This was \)1,500less than 6times the cost in 1975 . What was the average cost of a car in 1975 ?

Short Answer

Expert verified

The cost is5,000$

Step by step solution

01

Given information

Given the average cost of a car in 2014 was $28,500and $1,500less than 6 times the cost in 1975 .

02

Form the equation and calculate

Assume xis the cost in 1975so the equation is

6x-1500=28,5006x=30000x=5000

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