You can purchase a car for $17,240 or lease it for $320 per month with a down payment of $600. How long can you lease the car before the amount of the lease is more than the cost of the car?

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Tags
Categories
Ask a Question

Noctilux asked Jul 7, 2023

206,069 views

21 votes

You can purchase a car for $17,240 or lease it for $320 per month with a down payment of $600. How long can you lease the car before the amount of the lease is more than the cost of the car?

Mathematics
college

Noctilux asked Jul 7, 2023

by Noctilux

3.0k points

0 Comments

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Your answer

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

1 Answer

21 votes

Solve the linear equation

320m+600=17,240

where

m is the number of months

solve for m

320m=17,240-600

320m=16,640

m=52 months

therefore

The answer is 52 months

Everon answered Jul 11, 2023

by Everon

2.9k points

0 Comments

Your comment on this answer:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

0 Comments

Your comment on this question:

Your answer

1 Answer

The answer is 52 months

0 Comments

Your comment on this answer:

Other Questions