# unit 4 graded assignment mm255

Topics: Elementary algebra Pages: 2 (1155 words) Published: October 25, 2014

Equations

These first few questions will require you to use the internet to search for the national average price for gas. Remember to use a scholarly site for information. List the website(s) you visited here:

http://www.eia.gov/tools/faqs/faq.cfm?id=287&t=10(2 points): What was the average price of a gallon of gas 1 year from when your business math class started? I am confused with this question; my class began in August 2014 so 1 year from then will be 2015 so I have to go to the projected gasoline prices which for a gallon of gasoline are projected to be \$ 3.38 as compared to \$ 3.48 in 2014 down 10 cents a gallon. (5 points): You have \$50 on hand and need to buy gas. How many gallons of gas can you buy (using the value you reported in Question 1.) @ \$ 3.38 per gal. I would be able to purchase 14 gallons for \$ 47.32 leaving \$ 2.68 from the original \$ 50.00. \$ 3.38 x 14 = \$ 47.32. 3. (5 points): If gas prices were to drop 10% from the current price, how much would a gallon of gas cost now? Current...