Question

Carmen has taken out a loan for $800 to buy a car. She plans to pay back the loan at a rate of $40 per month. Ramona has borrowed $500 to buy a car, which she plans to pay back at a rate of $20 per month.

Answer 1

A: 25 months

Explanation:

I majored in Mathematics.

Answer 2

Carmen will have her loan payed off in 20 months.

Ramona will have her loan payed off in 25 months.

Explanation:

Carmen: $800 loan; paying $40 a month

Divide $800 by $40 and you'll get 20 months

Ramona: $500 loan; paying $20 a month

Divide $500 by $20 and you'll get 25 months