PLEASE HELP ASAP! SHOW STEPS IF POSSIBLE! I looked all over my text book and couldn't find anything to help me solve these last three problems, i was really only able to answer one but even then I'm not sure if it is right. Please show steps!!
jack leased a car for 159/month for 36 months. the amount due to when he signed the lease 2399 how much did jack pay during the first year of the lease?
A 1908 (My answer) B 4148 C 4307
Jack leased a car for 159/month for 36 months he paid 2399 at signing how much did he pay during the second year of the lease? A 1908 B 3816 C 6056
what was the total cost of the lease? A 5724 B 7964 C 8123
A. 1908. In the first year, (a year is 12 months), he paid 159 a month so 159 times 12 is 1908. (You are correct on this one)
2. A. 1908. In the second year, (again a year is 12 months), he paid 159 a month so 159 times 12 is 1908.
(Btw : there would be a third year 36/12=3. He would also pay another 1908 in the third year. To get your answer for number three either do the stragety I wrote for it or do 1908+1908+1908+2399=8123 or (1908•3)+2399.
3. C. 8123. Well 159 times 36 is 5724 plus 2399 and get 8123. That is the total cost of the lease.
