ashtonwalter ashtonwalter

19-12-2022
Mathematics

Answered

Your uncle is trying to decide between the purchase of a sports car or a SUV. The
sports car is cheaper to buy but costs more to insure. Specifically, the sports car
would cost $5000 plus $2500 each year for insurance, while the SUV would be
$8000 plus $800 per year to insure. After how many years would the amount
spent on each vehicle be the same?

Answer :

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