A person leasing a pickup truck puts down a $700 deposit and then pays $500 each month. Write an expression to represent the leasing cost for this situation at the end of m months.
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700m + 500
500m - 700
500m + 700
700m - 500
500m + 700
The correct expression to represent the leasing cost for this situation at the end of m months is:
500m + 700.
To find the leasing cost for this situation at the end of m months, we need to calculate the total amount paid in monthly installments plus the initial deposit.
The monthly payment is $500, and there are m months. Therefore, the amount paid in monthly installments is 500m.
The initial deposit is $700, which is paid once at the beginning.
To calculate the total leasing cost, we add the amount paid in monthly installments and the initial deposit:
Total leasing cost = 500m + 700
Therefore, the expression to represent the leasing cost is:
500m + 700