algebra help can i gets some help with this question

User Generated

yfcrgzna

Mathematics

Description

To finance your vehicle purchase you have two choices.  Write two equations, one for each bank, that models the banks' loan options using x for the price of the vehicle and y to represent the total cost (price, interest and origination fees)paid on each loan.  Be sure to label which equation goes with which bank.

Bank A:  Finance the full price of the vehicle at 5% with an origination fee of $200 paid over 5 years.

Bank B:  Finance the full price of the vehicle at 6% paid over 5 years (no additional fees).


User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer


Anonymous
Just what I needed. Studypool is a lifesaver!

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Related Tags