7) A store is selling videogames for p dolars. Write an equation that represents the total amount. T. for
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Answer:
The equation of line is shown below.
Step-by-step explanation:
The equation of line is
It is the point slope form of a line, therefore the slope of the line is and the line passing through (4,-1).
Rewrite the above equation in slope intercept form.
The point slope form of a line is
Where m is the slope and b is y-intercept.
Therefore the slope of the line is and the y-intercept of the line is
.
Slope is defined as
Since the slope is negative, therefore the run of the line is considered on the left side. The line rise by 3 and run by 5, therefore we will add 7 in y and subtract 5 from x.
The y-intercept is .
Therefore we have three points (4,-1), (-5,4.4) and (0,1.4). Plot the point on the coordinate plane and connect them be a straight line.
Part A:
Given that <span>a dinette table with a cash price of $200 is purchased at $8.50 down and $11.00 per month for 24 months
The total installment price is given by
Part B:
The carrying charges is given by the total installation price minus the cash price.
From part a, we obtained that the total installation price is $272.50 and given that the cash price is $200.
Therefore, the carrying charges is given by
$272.50 - $200.00 = $72.00
Part C:
If the money is to be saved at $11 per month to be able to purchase the table at the cash price, the number of months it will take to be able to save $200 at $11 per month is given by
Therefore, it will take 19 months </span><span>to save the money at the monthly rate needed to buy the item for its cash price.</span>
Given that <span>a dinette table with a cash price of $200 is purchased at $8.50 down and $11.00 per month for 24 months
The total installment price is given by
Part B:
The carrying charges is given by the total installation price minus the cash price.
From part a, we obtained that the total installation price is $272.50 and given that the cash price is $200.
Therefore, the carrying charges is given by
$272.50 - $200.00 = $72.00
Part C:
If the money is to be saved at $11 per month to be able to purchase the table at the cash price, the number of months it will take to be able to save $200 at $11 per month is given by
Therefore, it will take 19 months </span><span>to save the money at the monthly rate needed to buy the item for its cash price.</span>