<u><em>Answer:</em></u>
Option 3
<u><em>Explanation:</em></u>
<u>To get the value of the cheapest bike, best option, we will calculate the total cost of each bike:</u>
<u>i- Option 1:</u>
Total cost = $88
<u>ii- Option 2:</u>
$5 down payment and $8 per week for 10 weeks
Total cost = 5 + 8(10) = 5 + 80 = $85
<u>iii- Option 3:</u>
$12 down payment and $5 per month for 12 months
Total cost = 12 + 5(12) = 12 + 60 = $72
<u>iv- Option 4:</u>
$20 down payment and $20 per month for 12 months
Total cost = 20 + 20(12) = 20 + 240 = $260
<u>Now, from the above calculations, we can conclude that:</u>
The best price would be that of option 3 ($72). It is the lowest price compared to other option.
Hope this helps :)
16, 18, 23, 25, 26, 34, 37, 37, 40, 41, 46
37 is the upper quartile value
