Derrick wishes to purchase a new car and can afford monthly repayments of up to $200 per month. Financing is available, and the terms of the deal are that the loan lasts for 5 years, and the annual interest rate is 19.9%. What is the maximum price for a car that Derrick's budget can afford?

Round your answer to the nearest hundred dollars.

Do NOT round until you have calculated the final answer.

arrange the equations with like terms in columns.

analyze the coefficients of x or y.

add the equations and solve for the remaining variable.

substitute the value into either equation and solve.

check the solution.

step-by-step explanation:

so firstly, we need to isolate the y variables to be able to solve these inequalities. firstly, add 0.5x on both sides of the first inequality and subtract 1.5x on both sides of the second inequality:

now since the slope is positive for the first inequality, this means that the line going upwards belongs to the first inequality, and the line going downwards belongs to the second inequality.

next, since y ≥ in the first inequality, this means that the shaded region will be above the first inequality's line, thus shading regions a and b.

next, since y ≤ in the second inequality, this means that the shaded region is going to be below this line, thus shading regions a and c.

since both lines shade region a, this means that region a is the solution.

step-by-step explanation:

mark brainliest!