The questions below are examples of how mathematics is used in our daily lives.
See how many of them you can answer.
- A furniture manufacturer can sell dining room tables for $70 each. The
manufacturer's total cost consists of a fixed overhead of $8,000 plus production costs of
$40 per table. How many units must the manufacturer sell to break even?
- Avertz Rent-a-Car company charges $30 per day plus 30 cents per mile for a mid-sized
car, and gasoline costs $1.09 per gallon. If the driver is able to get 200 miles per
day on a budget of $100, how many miles per gallon does the car get?
- The charge for maintaining a checking account at a certain bank is $4 per month plus 10
cents for each check that is written. A competing bank charges $3 per month plus 14
cents per check. Find a criterion for deciding which bank offers the better deal.
You are visitor number . I hope you enjoy the problems. Answers will be available
after November 6, 1998.