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Phantasy [73]
1 year ago
10

Use the information in this table(in the attachment) to help you answer the questions. Remember, you have a budget of $20,000 fo

r the car.
1. What add-on options do you want in your car?
2. Write an inequality to model purchasing a car from Dealership A with the desired add-on options and staying within your budget. Use x to represent the base price of the car. (Assume that only the base price of the car is taxed to simplify the problem.)
3. Solve for x. Explain in words what the solution to the inequality means.
4. Graph the possible base price values that are included in the solution. Please upload an image of your graph.
5. Complete 2–4 for Dealership B using the same add-on options.
Will you buy from Dealership A or from Dealership B? Why?

Mathematics
1 answer:
geniusboy [140]1 year ago
7 0

The best buy is from dealership A because the fees of dealership B is more expensive

<h3>The add-on options</h3>

For the purpose of this exercise, the add-on options to select are:

  • Air-conditioning
  • Sunroof
  • GPS
  • Bluetooth
  • Power door and window

<h3>Dealership A</h3>

The total amount of the add-on options is:

Total = $1000 + $500 + $3500 + $500 + $750

Total = $6250

<u>The inequality</u>

This is represented using:

Base price * (1 + Tax) + Fees + Add-on total ≤ 20000

So, we have:

(1 + 6.75%) * x + 751.56 + 6250 ≤ 20000

<u>Solve for x</u>

We have:

(1 + 6.75%) * x + 751.56 + 6250 ≤ 20000

Evaluate the like terms

(1 + 6.75%) * x  ≤ 12998.44

Divide both sides by (1 + 6.75%)

x  ≤ 12176.52

The solution means that the base price of the car cannot exceed $12176.52 for dealership A

<u>The graph of the possible base price</u>

See attachment

<h3>Dealership B</h3>

The total amount of the add-on options is:

Total = $500 + $750 + $2750 + $750 + $500

Total = $5250

<u>The inequality</u>

This is represented using:

Base price * (1 + Tax) + Fees + Add-on total ≤ 20000

So, we have:

(1 + 6.75%) * x + 1524.72 + 5250 ≤ 20000

<u>Solve for x</u>

We have:

(1 + 6.75%) * x + 1524.72 + 5250 ≤ 20000

Evaluate the like terms

(1 + 6.75%) * x  ≤ 13225.28

Divide both sides by (1 + 6.75%)

x  ≤ 12389.02

The solution means that the base price of the car cannot exceed $12389.02 for dealership B

<u>The graph of the possible base price</u>

See attachment

<h3>Where to buy from</h3>

Buy from dealership A because the fees of dealership B is more expensive

Read more about inequality at:

brainly.com/question/25275758

#SPJ1

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swat32

Answer:

Total purchase = $28498.685

In cent = 2849868.5 cent.

Step-by-step explanation:

Given : You have decided to purchase a car for 175.13.

To find : What is the total purchase price of the car including tax, license, and title?

Solution :

Price of car = $25,625

Sales tax = 7.5% = 0.075

The total purchase price of the car including tax is

T=25625\times 0.075=\$1921.875T=25625×0.075=$1921.875

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The credit union requires a 10% down payment and will finance the balance with a 9% annual interest loan for 36 months.

10% down payment on price of car

25625\times 0.10=2562.525625×0.10=2562.5

25625-2562.5=23062.525625−2562.5=23062.5

The amount will be $23062.5

Now, we find the monthly payment,

Monthly payment, M=\frac{\text{Amount}}{\text{Discount factor}}M=

Discount factor

Amount

​

Discount factor D=\frac{1-(1+i)^{-n}}{i}D=

i

1−(1+i)

−n

​

Rate = 9%=0.09

i=\frac{0.09}{12}=0.0075i=

12

0.09

​

=0.0075

Time n=36 month

Now, put all the values we get,

D=\frac{1-(1+i)^{-n}}{i}D=

i

1−(1+i)

−n

​

D=\frac{1-(1+0.0075)^{-36}}{0.0075}D=

0.0075

1−(1+0.0075)

−36

​

D=\frac{1-(1.0075)^{-36}}{0.0075}D=

0.0075

1−(1.0075)

−36

​

D=\frac{0.2358}{0.0075}D=

0.0075

0.2358

​

D=31.44D=31.44

Monthly payment, M=\frac{\text{Amount}}{\text{Discount factor}}M=

Discount factor

Amount

​

M=\frac{23062.5}{31.44}M=

31.44

23062.5

​

M=733.38M=733.38

Monthly payment is $733.38

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Step-by-step explanation:

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