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3 years ago

The formula for the cost of buying a car is:

Mathematics

1 answer:

Mice21 [21]3 years ago

7 0

Answer:

a) The cost of buying this car is of £6200.

b) The monthly payment is of £450.

Step-by-step explanation:

The cost of buying a car is given by:

cost = 12 X monthly payment + deposit

a) Find the cost of a car when the monthly payment is £350 and the deposit is £2000.

cost = 12*350 + 2000 = 4200 + 2000 = 6200

The cost of buying this car is of £6200.

b) The cost of another car is £8000. Find the monthly payment when the deposit is £2600.

Again, the formula is applied. So

cost = 12 X monthly payment + deposit

8000 = 12x + 2600

12x = 5400

x = 5400/12

x = 450

The monthly payment is of £450.

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