ltethatzme ltethatzme

22-03-2015
Mathematics

Answered

Aaron needs to take out a loan to purchase a motorcycle.At one bank he would pay $2500 initially and $150 each month for the loan. At another bank, he would pay $3000 initially and $125 each month. After how many months will the two loan payments be the same?

Answer :

potatoeater potatoeater

22-03-2015

2500+150x=3000+125x. ---> 25x=500---> x=20. 20 months

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0000000 0000000

22-03-2015

2500+150x=3000+125x
150x-125x=3000-2500
25x=500
x=20

Answer:20 months

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