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5. A new van is priced at $ 19,500. If the buyer chooses to finance, they will pay $5,000 as a down

payment and $375 per month. After how many months will the buyer have paid more than
$10,000 toward the van?

User Bruno Calza
by
2.7k points

2 Answers

13 votes
13 votes

Answer:

27

Explanation:

User Luissquall
by
2.3k points
24 votes
24 votes

Answer:

  • 14 months

Explanation:

Let the number of months is x.

Set the inequality below:

  • 375x + 5000 > 10000
  • 375x > 5000
  • x > 5000/375
  • x > 13.33

The smallest whole number is 14

User Ivan Kutsarov
by
3.6k points