ORIGINAL OPTION Martin approached a vehicle finance company after deciding on a car priced at R 285 000. The company initially offered him 72 months to make repayments of R5 439,36 per month. The graph on ANNEXURE A represents the total repayments of the 72 months. Study the graph and answer the questions that follow. 1.1 1.2 QUESTIONS Why does the graph start at 0 months and R 0,00? Would you advice the option to start repaying one month after receivin the car? Explain your answer. How much money will Martin repay after: 1.3 1.3.1 one month 1.3.2 3 years 1.4 Determine a formula to represent the relationship depicted in the graph 1.5 How much money will Martin have paid after 72 months?
