Question

Dan borrowed money from his parents, and he pays back his parents the same amount of money every month. He records his payment schedule in a table. A portion of his payment schedule is shown below, where m represents the month and p represents the amount, in dollars, that he owes.

Month (m) Amount Owed (p) in Dollars
2
800
5
200

What is the initial amount of money that he borrowed from his parents?

A. $200
B) $600
C $1,200
D$1,600

Answer 1

To find the initial amount of money that Dan borrowed from his parents, we need to look at the payment schedule and identify the month when he started borrowing. From the given table, we can see that in month 2, Dan owed $800, and in month 5, he owed $200. This means that he borrowed an additional $200 between month 2 and month 5. Therefore, the initial amount of money that Dan borrowed from his parents is $1000.

Step-by-step explanation:

To find the initial amount of money that Dan borrowed from his parents, we need to look at the payment schedule and identify the month when he started borrowing.

From the given table, we can see that in month 2, Dan owed $800, and in month 5, he owed $200. This means that he borrowed an additional $200 between month 2 and month 5.

Therefore, the initial amount of money that Dan borrowed from his parents is $800 + $200 = $1000.