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How long can you lease the car before the amount of the lease is more than the cost of the car

How long can you lease the car before the amount of the lease is more than the cost-example-1

1 Answer

3 votes

ANSWER:

48 months

Explanation:

According to the statement we can propose the following equation, where the price of the car is more than or equal to the amount of the lease. Just like this:

Let x be the number of months


16920\ge600+340x

We solve for x, just like this:


\begin{gathered} 600+340x-600\le16920-600 \\ (340x)/(340)\le(16320)/(340) \\ x\le48 \end{gathered}

Therefore, for 48 months, the car rental will be lower

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