Answer:
Travis can afford the compact car.
Step-by-step explanation:
The EMI formula is :
In first case:
p = 10800
r = 6/12/100=0.005
n = 4*12 = 48
Putting values in the formula we get:
= $254
We can see that Travis can afford the compact car because the EMI is less than $260.
In second case:
p = 11300
= $265.75
We can see that the coupe will have an EMI of $265.75 which is higher than the amount that Travis can afford.
Hence, Travis can afford a compact car.
Answer: travis can afford the compact car but not the coupe
Answer: i havent done this in a long long time but i think it may be
15n-0.10