Answer:
Shop 1 = $260 + $20m
Shop 2 = $140 + $30m
Step-by-step explanation:
m = number of months payments are made
Total payment made = down payment + monthly payment
Shop 1 requires $260 down and a monthly payment of $20.
Shop 1 = $260 + $20m
= 260 + 20m
Shop 2 requires $140 down and a monthly payment of $30.
Shop 2 = $140 + $30m
= 140 + 30m
The equations that represent the payments plans are:
Shop 1 = $260 + $20m
Shop 2 = $140 + $30m