Question

A sales man offers two discount options on the car in the example he can decrease the initial cost of the car by 500 or decrease the interest rate by 0.5 find the final cost of both options which is the better deal

Answer 1

To determine the better deal, calculate the final cost of both discount options and compare them.

• To determine which discount option is the better deal, we need to calculate the final cost of both options.
• Let's start with the first option of decreasing the initial cost of the car by $500.
• If the initial cost of the car is X, then the final cost would be X - $500.
• Now let's consider the second option of decreasing the interest rate by 0.5.
• If the initial cost of the car is X and the interest rate is Y, then the final cost would be X - (Y * X).
• Once we have calculated the final cost for both options, compare them to determine which one is better.