Question

Ian is borrowing $1000 from his parents to buy a notebook computer.he plans to pay them back at the rate $60 per month.ken is borrowing $600 from his parents to purchase a snowboard he plans to pay his parents back at a rate of $20 per month

Answer 1

I think it is about rates; Ian can pay his parents back in roughly 16 months. Ken can pay his parents back in 30 months.

Ian: 1000$ / 60$m = 16.6 m

Ken: 600$ / 20$m = 30m