Answer:
[tex]C(n)= 7n - 12[/tex] -- Cost Function
Cost of buying 12CDs is $72
Step-by-step explanation:
Given
[tex]Base\ Amount = \$23[/tex]
[tex]Additional\ CD\ Amount = \$7[/tex]
Solving (a): Cost Function
Let n represent CDs greater than 5
[tex]Cost Function = Base Amount + Additional\ CD\ Amount * (n - 5)[/tex]
Substitute:
[tex]Base\ Amount = \$23[/tex] and [tex]Additional\ CD\ Amount = \$7[/tex]
[tex]Cost\ Function = 23 + 7 * (n - 5)[/tex]
[tex]Cost\ Function = 23 + 7(n - 5)[/tex]
Open Bracket
[tex]Cost\ Function = 23 + 7n - 35[/tex]
Collect Like Terms
[tex]Cost\ Function = 7n - 35 + 23[/tex]
[tex]Cost\ Function = 7n -12[/tex]
[tex]C(n)= 7n - 12[/tex]
Solving (b): When n = 12
Substitute 12 for n in [tex]C(n)= 7n - 12[/tex]
[tex]C(12) = 7 * 12 -12[/tex]
[tex]C(12) = 84 - 12[/tex]
[tex]C(12) = 72[/tex]
Cost of buying 12 CDs is $72