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Leya [2.2K]
3 years ago
10

What is the value of x

Mathematics
1 answer:
Mrrafil [7]3 years ago
6 0
From the looks of it, I believe it is either 120, 125, or 126. If you have options, let me know so I can take a closer look.
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Need help with this math
olganol [36]

Hi,

Here is the solution.

3 years = 36 months

Leased amount for 3 years = $3000 + 36*350

= $3000 + $12600

Leased amount for 3 years = $15600

Residual value = $12000

Assume you didn't buy the car, you took it for lease, so your expense = $15600.

Now Assume you bought the car for $21,000.

After using 3 years, you can sell it for $12000.

Your expense = $21,000 - $12,000 = $9000.

Conclusion:

It is less expensive to buy the car.

The cost for buying the car and selling it after 3 years = $9000.

Hope you will understand the steps. Thank you :)

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