Subjects algebra

Job Earnings Analysis Bc7C75

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Question: Use your graph to answer the following questions. 1. Which job started out with a negative balance (or in owing money)? 2. Which job started out with a positive balance (or in getting a bonus to start)? 3. Which job had the greatest slope (greatest rate of change) and how could you tell? 4. Which job had the least slope (least rate of change) and how could you tell? 5. What is the linear equation (y = mx + b) for each job? Marine: y = 1000x + 9000 Teacher: y = -2000x + 1000 Garbage Collector: y = 2000x + 4000 Business Owner: y = 4000x - 12000 6. How much did each job earn after working 6 months? Marine: __________ Teacher: __________ Garbage Collector: __________ Business Owner: __________ 7. How much did each job earn after working 20 months? Marine: __________ Teacher: __________ Garbage Collector: __________ Business Owner: __________ 8. How long did it take for the teacher and the garbage collector to earn the same amount of money? __________________ 9. How long did it take for the marine and the business owner to earn the same amount of money? __________________ 10. How long did it take for the teacher and the marine to earn the same amount of money? __________________ 11. How long did it take for the garbage collector and the business owner to earn the same amount of money? __________________ 12. How many months until... the teacher earns a total of $100,000 dollars? __________________ the marine earns a total of $100,000 dollars? __________________ the garbage collector earns a total of $100,000 dollars? __________________ the business owner earns a total of $100,000 dollars? __________________
1. **Problem Statement:** We analyze four jobs with linear earnings given by: - Marine: $$y = 1000x + 9000$$ - Teacher: $$y = -2000x + 1000$$ - Garbage Collector: $$y = 2000x + 4000$$ - Business Owner: $$y = 4000x - 12000$$ We answer questions about starting balances, slopes, earnings at specific months, and intersections. 2. **Starting Balances:** The starting balance is the y-intercept $$b$$ in $$y = mx + b$$. - Marine: $$9000$$ (positive) - Teacher: $$1000$$ (positive) - Garbage Collector: $$4000$$ (positive) - Business Owner: $$-12000$$ (negative) **Answer:** The Business Owner started with a negative balance. 3. **Jobs with Positive Starting Balance:** Marine, Teacher, and Garbage Collector all started with positive balances. 4. **Greatest Slope (Rate of Change):** Slopes $$m$$ are: - Marine: $$1000$$ - Teacher: $$-2000$$ (negative slope) - Garbage Collector: $$2000$$ - Business Owner: $$4000$$ Greatest positive slope is $$4000$$ (Business Owner). 5. **Least Slope:** Least slope means smallest rate of change (considering absolute value or actual value depending on context). - Teacher has $$-2000$$ (negative slope, decreasing) - Marine has $$1000$$ (smallest positive slope) If considering absolute value, smallest magnitude is Marine's $$1000$$. 6. **Earnings after 6 months:** Calculate $$y$$ at $$x=6$$ for each: - Marine: $$y = 1000(6) + 9000 = 6000 + 9000 = 15000$$ - Teacher: $$y = -2000(6) + 1000 = -12000 + 1000 = -11000$$ - Garbage Collector: $$y = 2000(6) + 4000 = 12000 + 4000 = 16000$$ - Business Owner: $$y = 4000(6) - 12000 = 24000 - 12000 = 12000$$ 7. **Earnings after 20 months:** Calculate $$y$$ at $$x=20$$: - Marine: $$1000(20) + 9000 = 20000 + 9000 = 29000$$ - Teacher: $$-2000(20) + 1000 = -40000 + 1000 = -39000$$ - Garbage Collector: $$2000(20) + 4000 = 40000 + 4000 = 44000$$ - Business Owner: $$4000(20) - 12000 = 80000 - 12000 = 68000$$ 8. **Time when Teacher and Garbage Collector earn the same:** Set equal: $$-2000x + 1000 = 2000x + 4000$$ Move terms: $$-2000x - 2000x = 4000 - 1000$$ $$-4000x = 3000$$ Divide: $$x = \frac{3000}{-4000} = -0.75$$ Negative time is not meaningful here, so no positive intersection. 9. **Time when Marine and Business Owner earn the same:** $$1000x + 9000 = 4000x - 12000$$ $$9000 + 12000 = 4000x - 1000x$$ $$21000 = 3000x$$ $$x = \frac{21000}{3000} = 7$$ months 10. **Time when Teacher and Marine earn the same:** $$-2000x + 1000 = 1000x + 9000$$ $$1000 - 9000 = 1000x + 2000x$$ $$-8000 = 3000x$$ $$x = \frac{-8000}{3000} = -\frac{8}{3} \approx -2.67$$ (negative, no positive intersection) 11. **Time when Garbage Collector and Business Owner earn the same:** $$2000x + 4000 = 4000x - 12000$$ $$4000 + 12000 = 4000x - 2000x$$ $$16000 = 2000x$$ $$x = \frac{16000}{2000} = 8$$ months 12. **Months until earning 100,000:** Solve $$y = 100000$$ for each: - Teacher: $$-2000x + 1000 = 100000$$ $$-2000x = 99000$$ $$x = \frac{99000}{-2000} = -49.5$$ (no positive solution) - Marine: $$1000x + 9000 = 100000$$ $$1000x = 91000$$ $$x = 91$$ months - Garbage Collector: $$2000x + 4000 = 100000$$ $$2000x = 96000$$ $$x = 48$$ months - Business Owner: $$4000x - 12000 = 100000$$ $$4000x = 112000$$ $$x = 28$$ months **Summary:** - Business Owner starts negative. - Marine, Teacher, Garbage Collector start positive. - Business Owner has greatest slope $$4000$$. - Marine has least positive slope $$1000$$. - Earnings at 6 months: Marine 15000, Teacher -11000, Garbage Collector 16000, Business Owner 12000. - Earnings at 20 months: Marine 29000, Teacher -39000, Garbage Collector 44000, Business Owner 68000. - Teacher and Garbage Collector never meet at positive time. - Marine and Business Owner meet at 7 months. - Teacher and Marine never meet at positive time. - Garbage Collector and Business Owner meet at 8 months. - Months to 100000: Teacher no positive solution, Marine 91, Garbage Collector 48, Business Owner 28.