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amelia has a debt of $51,000 to pay off with no interest added. if she pays $1,700 each month, how long will it take her to pay back the loan? the equation can be written as: y

User Lenny D
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1 Answer

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Final answer:

Amelia will need to make monthly payments of $1,700 for 30 months to completely pay off her $51,000 debt.

Step-by-step explanation:

Amelia has a debt of $51,000 and plans to repay it by making monthly payments of $1,700 with no interest added. In order to calculate how long it will take her to pay off the loan, we simply divide the total debt by the monthly payment amount. So, the equation will be: number of months to pay off the loan = total debt / monthly payment.

The calculation is as follows:

Number of months = $51,000 / $1,700 per month

Number of months = 30

Therefore, it will take Amelia 30 months to pay off her $51,000 debt with monthly payments of $1,700.

User Wonda
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