A couple wants to buy a 30 000 car and can borrow the money for the purchase at 5 paying it off in 3 4 or 5 years The table to

Question

A couple wants to buy a 30 000 car and can borrow the money for the purchase at 5 paying it off in 3 4 or 5 years The table to the right gives the monthly payment and total cost of the purchase including the loan for each of the payment plans Suppose that when the payment is over t years P t represents the monthly payment and C t represents the total cost for the car loan Use this information to answer parts a through d A If the car is financed over 4 years the payment is P 4 690 88 B If the car is financed over 4 years the total cost is P 4 CLIO a Find P 4 and write a sentence that explains its meaning Select the correct choice below and fill in the answer box to complete your choice b What is the total cost of the purchase if it is financed over 5 years Write the answer using function notatio box to complete your choice OA C 5 OB P 5 t Monthly years Payment 3 899 13 4 690 88 5 566 14 Total Cost 32 368 68 33 162 24 33 968 40 Select the correct choice below and fill in the answer

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