Solve the Problem. -The Cost of Owning a Home Includes Both Fixed Costs

question 73

Multiple Choice

Solve the problem.
-The cost of owning a home includes both fixed costs and variable utility costs. Assume that it costs $5682 per month for mortgage and insurance payments and it costs an average of $1.35 per unit for Natural gas, electricity, and water usage. Determine a linear equation that computes the annual cost Of owning this home if x utility units are used.

• A)y = -1.35x + 68,184
• B)y = 1.35x + 5682
• C)y = -1.35x + 5682
• D)y = 1.35x + 68,184

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Definitions:

Formal Operations

The stage in Piaget's theory of cognitive development where abstract and logical thinking is developed, usually during adolescence.

Formal-Operational Thought

A stage in Piaget’s theory of cognitive development where individuals gain the ability to think abstractly and logically.

Trial-And-Error

A method of solving problems through repeated, varied attempts until success or an optimal solution is found.

Constructivist Approach

A learner-centered approach that emphasizes the importance of individuals actively constructing their knowledge and understanding, with guidance from the teacher.