Problem 59
Question
Use the following information. You are shopping for a mountain bike. A store sells two different models. The model that has steel wheel rims costs \(\$ 220 .\) The model with aluminum wheel rims costs \(\$ 480 .\) You have a summer job for 12 weeks. You save \(\$ 20\) per week, which would allow you to buy the model with the steel wheel rims. You want to know how much more money you would have to save each week to be able to buy the model with the aluminum wheel rims. Write a verbal model and an algebraic model for how much more money you would have to save each week.
Step-by-Step Solution
Verified Answer
To purchase the aluminum-wheel-rimmed model, an extra \$10 per week is required, bringing the total weekly savings to \$30.
1Step 1: Identify Known Values
The known values are: the cost of the steel-rimmed model (\$220), the cost of the aluminum-rimmed model (\$480), the savings per week for the steel-rimmed model (\$20), and the duration of the summer job (12 weeks).
2Step 2: Construct a Verbal Model
You may start by constructing a verbal model. For the steel-rimmed model, saving \$20 per week for 12 weeks gives a total savings of \$240. However, if the objective is to buy the more expensive aluminum-rim model, the saved money (\$240) falls short of the required \$480. Therefore, a certain amount of extra savings per week is needed to achieve the goal.
3Step 3: Construct an Algebraic Model
The algebraic model will depict the relationship mathematically. Let x reflect the increased savings needed. The current total savings (20*12) added with the increase (\$ x) for 12 weeks should reach the cost of the more costly bike. The equation can be formulated as follows: 20 * 12 + x * 12 = 480.
4Step 4: Solve the Algebraic Model
The algebraic model can be solved by isolating the variable x: x = (480 - 20*12) / 12.
Key Concepts
Verbal ModelAlgebraic ModelEquation SolvingMathematical Reasoning
Verbal Model
When working with algebraic problems, creating a verbal model is the first step to reaching a solution. A verbal model helps you translate a problem described in words into a form you can work with mathematically. In this exercise, the problem is buying a specific model of mountain bike. Initially, you save \(20 per week for the 12-week duration of your summer job, giving you a total savings of \(12 \times 20 = 240\). However, to buy the more expensive aluminum-rimmed bike costing \\)480, you need additional savings.
Here's how you create a verbal model for the problem:
Here's how you create a verbal model for the problem:
- Total savings with current plan: \(240
- Cost of the aluminum-rimmed bike: \)480
- Extra savings needed each week to afford the more costly bike
Algebraic Model
Creating an algebraic model allows you to express the verbal model in mathematical terms with variables and equations. This step is crucial since it provides the means to calculate exactly what you need to do to achieve the desired outcome.
- Let the variable \(x\) represent the extra amount you ought to save each week.
- The equation representing the total needed savings involves multiplying this extra savings by 12 weeks, matching the timeline of your summer job.
Equation Solving
Solving the algebraic model is the next pivotal step. It involves manipulating the equation to find the unknown quantity, providing a precise answer to the problem.
- First, calculate the total current savings: \(20 \times 12 = 240\).
- Rearrange the equation: \(240 + 12x = 480\).
- Solve for \(x\) by isolating it on one side of the equation:
Mathematical Reasoning
Mathematical reasoning involves using logical thinking to see how each step in solving a problem connects to reach the final goal. It helps ensure that both the approach and solution are sound.
- By starting with a verbal model, you clearly outline the problem's parameters and goals.
- Transforming this into an algebraic model, you employ mathematical symbols to succinctly express relationships between different quantities.
- Solving the equation confirms your intuition and supports it with concrete numbers.
Other exercises in this chapter
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