The equation models the total amount, in dollars, that a buyer will pay for a car over time, where is the number of fixed monthly payments the buyer will make.
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Math·Algebra·Linear functions
easy14,000=2,800+200t. Which of the following is the best interpretation of 200 in this context?
A
The amount, in dollars, of the down payment
B
The amount, in dollars, of each fixed monthly payment
C
The total amount, in dollars, paid for the car after t fixed monthly payments
D
The total number of fixed monthly payments