Question 18 • [INMT3] Integrated Math 3 Sem 1 (26-27)
Answer:
The Gordons should buy the $369 TV. Its average annual cost is (369 + 9x)/x, which is $55.125 (about $55.13) per year for 8 years. The $330 TV's average annual cost is (330 + 14x)/x, or $55.25 per year. Over 8 years, the totals are $441 and $442, respectively.