Question

To buy a car, Devin puts in a down payment of $2000 and pays $300 per month in installments. Write an equation describing this problem in slope-intercept form. How much money has Devin paid at the end of one year?

Answer 1

He has paid 5600 by the end of the year

your equation is: y=300x+2000

Explanation:

x=12 because there is 12 months in a year

y=300(12)+2000

y=3600+2000

y=5600