Answer:
Step-by-step explanation:
Given that:
- x represents the number of months of ownership; and
- y represents the total paid for the car after ‘x' months.
<u>First Option (Leasing)</u>
250x - y + 4000 = 0
Expressing the equation in the Slope-Intercept Form y=mx+b, we have:
y=250x+4000
<u>Second Option (Financing)</u>
$400 for 0 months of ownership, (0,400), and $4400 for 10 months of ownership, (10, 4400).
First, we determine the slope of the line joining (0,400) and (10,4400)

We have:
y=400x+b
When y=400, x=0
400=400(0)+b
b=400
Therefore, the Slope-Intercept Form of the second option is:
y=400x+400
<u>Significance</u>
- In the first option, there is a down payment of $4000 and a monthly payment of $250.
- In the second option, there is a down payment of $400 and a monthly payment of $400.
<u>Part B</u>
We notice from the graph that after 24 months, the cost for leasing and financing becomes the same ($10,000). Therefore, a consumer will be better off financing since the downpayment for leasing is higher.
<u>i.e </u>
- When x=0, y=$4000 for leasing
- When x=0, y=$400 for financing
Answer:
D
Step-by-step explanation:
w ≥ 15
Answer:
a line has arrow on both sides indicating that it goes forever in both directions.
Let the amount of money shared be x
x÷(5+3+2)×3=60
x÷10×3=60
x=60×10÷3
x=200
The amount of money shared is $200
hope it helps
Answer:
15
Step-by-step explanation: