Solve the Problem $\$ 5,000$ , the Remaining Cost of the Car Including Tax and Car

question 236

Multiple Choice

Solve the problem.
-A student decides to finance a used car over a 5-yr (60-month) period. After making a down payment of $\$ 5,000$ , the remaining cost of the car including tax and interest is $\$ 13,140$ . The amount owed $y = A ( t )$ (in \$) is given by $A ( t ) = 13,140 - 219 t$ , where $t$ is the number of months after purchase and $0 \leq t \leq 60$ . Determine the $t$ -intercept and $y$ -intercept.
Amount Owed on Vehicles after $t$ Months

• A) \(t\)-intercept: \(( 0,60 ) ; y\)-intercept: \(( 13,140,0 )\)
• B) \(t\)-intercept: \(( 60,0 ) ; y\)-intercept: \(( 0,13,140 )\)
• C) \(t\)-intercept: \(( 13,140,0 ) ; y\)-intercept: \(( 0,60 )\)
• D) \(t\)-intercept: \(( 0,13,140 ) ; y\)-intercept: \(( 60,0 )\)