This is for the first answer and to be honest just use Desmos if you don’t have a graphing calculator
This equals 0.146341463414634
Answer: 25%
Step-by-step explanation:
16 000 - 12 000 = 4000
16 000 / 4000 = 4
100 / 4 = 25
Answer: $965
Step-by-step explanation:
The used car is priced at $2,695.
If you borrow the money for the car, your payments will be $122 a month for 30 months. This means that the total amount of money that you would have paid at the end of 30 months at a rate of $122 per month is the amount paid per month multiplied by the total number of months. It becomes
Total payment = 122×30 = $3660
This means that you ended up paying higher than you would have paid if you paid cash.
Amount that you would have saved = amount paid over 30 months - cost of the car
Amount that you would have saved
= 3660 - 2695 = $965
