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 :)
X = (15 - 8y)/9
-5[(15 - 8y)/9] + 12y = -107
(-75/9) + (40/9) + 12y = -107
y = -8.59
x = [15 - 8(-8.59)]/9
x = 9.3
(x,y) = (9.3, -8.59)
You can write the question as a inequality.
c - 2 ≥ -22
add 2 on both sides...
c ≥ -20
Your answer is c ≥ -20.
The family would buy the three pairs of shoes for $26.31 because you have to divide $52.62 in half since they bought half the amount of pairs of shoes that are given in the sale.
Answer:
3
Step-by-step explanation:
it resembles a staircase when graphed