Final answer:
The equation that models this situation is d) 15m + 75 = 1000. To solve this equation, subtract 75 from both sides, then divide both sides by 15 to find the value of m.
Step-by-step explanation:
The equation that models this situation is d) 15m + 75 = 1000.
To solve this equation, we need to isolate the variable m.
- Start by subtracting 75 from both sides of the equation: 15m + 75 - 75 = 1000 - 75.
- This simplifies to 15m = 925.
- Finally, divide both sides of the equation by 15 to solve for m: 15m/15 = 925/15.
- This simplifies to m = 61.67.
The value of m represents the number of months the business owner paid for.