The cost of a parking permit consists of a one-time administration fee plus a monthly fee. a permit purchased for 12 months costs $660. a permit purchased for 15 months costs $810. what is the administration fee?

Respuesta :

The general equation that may be used to determine the total cost of the parking permit,
                                       P = A + mt
where P is the total cost, A is the administration fee, m is the monthly fee and t is the number of months. Substituting the known values to the equation,   
                  (1)       660 = A + 12m
                  (2)       810 = A + 15 m

Solving for the solutions of the equation gives A = 60 and m = 50. Thus, the administration fee is $60.

let

x--------> the monthly fee

y--------> the administration fee

we know that

[tex] 660=y+12x [/tex] --------> equation [tex] 1 [/tex]

[tex] 810=y+15x [/tex] --------> equation [tex] 2 [/tex]

Multiply by [tex] -1 [/tex] equation [tex] 1 [/tex]

[tex] -660=-y-12x [/tex] ------> equation [tex] 3 [/tex]

Adds equation [tex] 2 [/tex] and equation [tex] 3 [/tex]

[tex] 810=y+15x\\-660=-y-12x\\---------\\ 810-660=15x-12x\\ 3x=150\\ x=50\ dollars [/tex]

Find the value of y

[tex] 660=y+12x\\ 660=y+12*50\\ y=660-600\\ y=60\ dollars [/tex]

therefore

the answer is

the administration fee is equal to [tex] 60\ dollars [/tex]

ACCESS MORE