Answer:
Explanation:
Cost of the camera at one store,
Down payment = $49
Per month payment = $20
Duration of the payment = 12 months
Total payment to be done = down payment + payments to be done in 12 months
= 49 + (20×12)
= 49 + 240
= $289
Cost of the camera at second store,
Equation describing the payment plan,
y = 15x + 79
Here, x = number of months
y = Total amount to be paid
If x = 12 months
y = (15×12) + 79
y = 180 + 79
y = $259
The camera at the second store is cheaper when the camera is paid off in 12 months because the cost at the first store is $289 and the cost at the second store is $259.