Question

A company rents a new truck for a down payment of $3200plusmonthlypaymentsof$380 per month for 36 months. Which of the following functions f represents the total amount paid, in dollars, after m months,

• A. $f\left(m\right)=380+3200m$
• B. $f\left(m\right)=3200+36m$
• C. $f\left(m\right)=3200+380m$
• D. $f\left(m\right)=10480-380m$

Answer 1

The correct option is C $f\left(m\right)=3200+380m$

Given the company pay $3200fordownpaymentandmonthlyinstallmentof$380 per month

Then he pay total monthly installment in m month =$$380\times m=$380m$

And he pay down pay ment $3200

Then the company paid total amount after m month =3200+380m

Then f(m) =3200+380m