Question

Sierra is trying to decide whether her to rent an apartment for $1,200 per month or take out a mortgage for $1, 395 per month. After how many months will the difference in total cost be $48, 750 if the rent does not go up in price?

-150 months
-200 months
-300 months
-250 months

Answer 1

Explanation:

the difference is

1395 - 1200 = $195

how many months until that sums up to $48 750 ?

by checking how often $195 fit into $48,750 :

48750 / 195 = 250

so, it will take 250 months to reach that level.