A television set can be purchased with a $200 down payment plus a $39.99 monthly payment. Alternatively, the television can be purchased with no money down and monthly payments of $59.99. Solve for the number of months until the payments are of equal value.

Respuesta :

Answer:

10 months

Step-by-step explanation:

Let x denotes number of months.

Down payment of first TV = $200

Per month payment of first TV = $39.99

Total payment of first TV [tex]=200+39.99x[/tex]

Down payment of second TV = $0

Per month payment of second TV = $59.99

Total payment of second TV [tex]=0+59.99x=59.99x[/tex]

To find number of months until the payments are of equal value,

solve [tex]200+39.99x=59.99x[/tex]

[tex]200+39.99x=59.99x\\200=59.99x-39.99x\\200=20x\\x=\frac{200}{20}\\ x=10[/tex]

So, payments become of equal value after 10 months.