A factory installs new machinery that saves S(x) = 1600 − 60x  dollars per year, where x is the number of years since installation. However, the cost of maintaining the new machinery is C(x) = 100x  dollars per year.   (a) Find the year x at which the maintenance cost C(x) will equal the savings  S(x). (At this time, the new machinery should be replaced.)x = (b) Find the accumulated net savings [savings S(x) minus cost C(x)] during the period from  t = 0 to the replacement time found in part (a).$

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 4PT: An investment account was opened with aninitial deposit of 9,600 and earns 7.4 interest,compounded...
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A factory installs new machinery that saves S(x) = 1600 − 60x  dollars per year, where x is the number of years since installation. However, the cost of maintaining the new machinery is C(x) = 100x  dollars per year.

 

(a) Find the year x at which the maintenance cost C(x) will equal the savings  S(x). (At this time, the new machinery should be replaced.)
x = 

(b) Find the accumulated net savings [savings S(x) minus cost C(x)] during the period from  t = 0 to the replacement time found in part (a).

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