You are considering buying two different vehicles. • The first is a van at $20,523, and an estimated annual operating cost of $3200. • The second is a fuel-efficient car at $23,540 and an estimated annual operating cost of $2450. Use these equations to represent the cost (y) of the cars over x years: Y = 20,523 + 3200 X Y = 23,540 + 2450 X

Fill in the following tables, using the equations.

Cost of owning and operating the vehicles

Vehicle    0              1              2             3             4               5             6    

Van     $20,523   $23,723  $26,923  $30,123  $33,323 $36,523  $39,723

Car      $23,540  $25,990  $28,440  $30,890 $33,340 $35,790  $38,240

How much does each vehicle cost initially?

How much does each cost to operate for one year?

Which one initially costs less?

Which one will cost less over the six years?

When do they cost about the same?