Select the correct answer.
Felix has $1,000 in his savings account. He wants to purchase a motorcycle for $5,000. The seller has agreed to take a payment of $250 a month without interest. Felix saves an extra $300 each month, plus paying for the motorcycle. What system of equations could Felix use to determine when he will have enough money to completely pay for his motorcycle?
A.
y = 300x + 1,000
y = 5,000 − 100x
B.
y = 1,000x + 300
y = 5,000 − 250x
C.
y = 300x + 1,000
y = 5,000 − 250x
D.
y = 5,000x + 1,000
y = 300x − 1,000