Mathematics, 18.10.2020 14:01, nommies005

I NEED HELP DUE TODAY!! A consumer is considering two different purchasing options for the car of their choice. The first option, which is leasing, is described by the equation 250x - y + 4000 = 0 where x represents the number of months of ownership and y represents the total paid for the car after ‘x' months. The second option, which is the financing option, will cost $400 for 0 months of ownership, (0,400), and $4400 for 10 months of ownership, (10, 4400).

part a:
Find the equations, in slope/y-intercept form, for each of the purchasing options. Explain the significance of the slope and y-intercept for each purchasing option.

part b:
Graph each equation on the same set of axes and compare. Under what conditions is each purchasing option the best choice? Be sure to provide a thorough answer. Use detailed information from your graph to back up your choices.

Answers: 2

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I NEED HELP DUE TODAY!! A consumer is considering two different purchasing options for the car of t...