An off-road sport utility vehicle is advertised with a purchase price of $43,995.00. Shelli is considering the following options in buying the SUV. Option 1: Purchase the Vehicle with a Loan

Shelli will make a down payment of $8,000 if she chooses this option.

The monthly payments for a loan at 7.95% per year on the balance will be $765.44 per month for 5 years.

Option 2: Lease the Vehicle

No down payment is required, but Shelli will make a down payment of $8,000 if she chooses this option.

The lease rate is 7.75% per year for 4 years.

The monthly lease payment is $626.25 for 4 years.

To buy the SUV at the end of the lease, it's buyout is 38% of the original value.

Calculate the total cost to own the SUV for each option. Which option is the cheapest for Shelli and by how much?

Option 2, by $851.70

Option 1, by $1,002.75

Option 2, by $1,002.75

Option 1, by $851.70

2? if not the correct answer you might need to provide more information

step-by-step explanation:

the system of inequity is

step-by-step explanation:

from the given graph it is noticed that we have two related lines. one is solid and another is dashed.

if a line passing through two points, then the equation of line is

the solid line passing through the points (0,4) and (4,0).

the related equation of solid line is .

similarly, find the related equation of dashed line. the dashed liune passing through the points (0,0) and (3,1).

the related equation of dashed line is

from the given graph it is noticed that the point (0,1) lies on the shaded region, therefore the point (0,1) must be satisfied by the related equations.

check the related equations by the point (0,1).

this statement is true if the sign of inequality is < instead of equality. since it is an solid line therefore the sign of inequality will be . the required inequality is

similarly, check the second related equation.

it is a dashed line, so this statement is true if the sign of inequality is > . the required inequality is

25% is the answer

yes   because as the functions are graphed they eventually will intersect unless otherwise

step-by-step explanation: