Question

Mr. Ross is purchasing a table and chairs for $1350,including tax and interest. He will pay for the furniture with monthly payments of $75 if mr ross has made m payments which equation best describes r the amount of the remaining balance

A. r=(1350-75)m
B.r=75m+1350
C.r=1350-75m
D.r=75m-1350

Answer 1

To determine the remaining balance, you have to subtract the monthly payment times the number of payments from the purchase price. Speaking mathematically, the equation would be

r = $1350 - $75m

Thus, the answer is letter C.