Writing equations from word problems is fun once you get the hang of it! Here's a sample consumer finance problem that asks you to write an equation, followed by a video showing how to solve it. It's a one-step equation:
Launz buys a car and a trailer for a combined cost of $40,000. The trailer costs $2000.
a) Define a variable for the car’s cost.
b) Write an equation to describe the problem.
c) Solve the equation algebraically.
d) Hence, state the cost of the car.
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