Calculating the function values

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Reference no: EM1317371

Question: For the following function, C computes a value, where if you add millions of dollars to the value, the result is the cost of implementing a city recycling project when x, as a percent (not its decimal equivalent), citizens participate.
C(x) = 1.5x/100 - x

[A] Using this model, approximately what is the cost if 60% of the citizens participate?
[B] Using this model, estimate the percentage of participation that can be expected if $5 million is spent on this recycling project? Set up an equation & solve algebraically. Give your answer to the nearest whole %.

Reference no: EM1317371

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