The cost of a parking permit consists of a one-time administration fee plus a monthly fee. a permit purchased for 12 months costs $660. a permit purchased for 15 months costs $810. what is the administration fee?

Verified Answer :

The general equation that may be used to determine the total cost of the parking permit,
                                       P = A + mt
where P is the total cost, A is the administration fee, m is the monthly fee and t is the number of months. Substituting the known values to the equation,   
                  (1)       660 = A + 12m
                  (2)       810 = A + 15 m

Solving for the solutions of the equation gives A = 60 and m = 50. Thus, the administration fee is $60.

let

x--------> the monthly fee

y--------> the administration fee

we know that

\(660=y+12x\) --------> equation \(1\)

\(810=y+15x\) --------> equation \(2\)

Multiply by \(-1\) equation \(1\)

\(-660=-y-12x\) ------> equation \(3\)

Adds equation \(2\) and equation \(3\)

\(810=y+15x\\-660=-y-12x\\---------\\ 810-660=15x-12x\\ 3x=150\\ x=50\ dollars\)

Find the value of y

\(660=y+12x\\ 660=y+12*50\\ y=660-600\\ y=60\ dollars\)

therefore

the answer is

the administration fee is equal to \(60\ dollars\)