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 :)
Answer:
350-60
Hope this helps. Have a great day:)
Answer:
a right
Step-by-step explanation:
One possible system is
1x + 3y = 4
2x + 6y = 8
Note how 2 is twice as large as 1, 6 is twice as large as 3, and 8 is twice as large as 4.
In other words, the second equation is the result of multiplying both sides of the first equation by 2.
1x+3y = 4
2*(1x+3y) = 2*4
2x+6y = 8
Effectively the two equations in bold are the same which produces the same line. The two lines overlap perfectly to intersect infinitely many times. An intersection is a solution.
Answer:
The answer is D
Step-by-step explanation:
