Maths-
General
Easy
Question
The average annual energy cost for a certain home is . The homeowner plans to spend to install a geothermal heating system. The homeowner estimates that the average annual energy cost will then be . Which of the following inequalities can be solved to find , the number of years after installation at which the total amount of energy cost savings will exceed the installation cost?
Hint:
We solve the problem using logical thinking.
The correct answer is:
Step 1 of 2:
Here, we have to find the number of years after installation of geothermal heating system at which the total amount of energy cost savings will exceed the installation cost.
The average annual energy cost before installation was $4334 and after installation it became $2712.
So, the savings due to installation is (4334 - 2712).
If the savings continues to be for t years, then total savings for t years (4334 - 2712) t.
Step 2 of 2:
The installation cost of geothermal heating system is $25000.
Now, the total savings exceed the installation cost is represented by the following inequality,
25000 < (4334 - 2712) t
Final Answer:
The correct choice is— B) 25000 < (4334-2712) t
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