A) The total installment price is ($28/mo)*(24 mo) = $672.00
b) The carrying charges are $672.00 -500.00 = $172.00
c) The number of months of saving required is 500/28 ≈ 18.
Refer to the figure shown below.
The coordinates of point m are (2,5).
Let (x,y) = the coordinates of pont n.
Because mn = 4, use the Pythagorean theorem to obtain
(x - 2)² + (y - 5)² = 4²
This represents a circle with center at (2,5) and radus = 4.
Answer:
Possible coordinates for n lie on the circle (x-2)² + (y-5)² = 16.