Prealgebra (6th Edition)
Prealgebra (6th Edition)
6th Edition
ISBN: 9780134179018
Author: Jamie Blair, John Tobey Jr., Jeffrey Slater, Jenny Crawford
Publisher: PEARSON
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Chapter A.1, Problem 14E

John went to two dealerships to find the best deal on a luxury SUV for his company to purchase. From which dealership should John buy the SUV so that the total cost of the SUV is the least expensive?

Dealership 1

Dealership 2

• Purchase price: $49,999

• Purchase price: $46,499

• Financing option: 0% financing with $5000 down payment

• Financing option: 4% financing with no down payment

• Monthly payments: $1010.39 per month for 48 months

• Monthly payments: $916.29 per month for 60 months

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