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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=-1,700x+51,000
Solve the problem by solving for the x-intercept

User MandM
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1 Answer

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It will take Amelia 30 months to pay back the loan by making monthly payments of $1,700.

How to solve the problem

To solve the problem by finding the x-intercept of the equation, set y = 0 and solve for x. In this case, y represents the remaining debt, and x represents the number of months it takes to pay back the loan.

The equation given is:

y = -1,700x + 51,000

Setting y = 0, we have:

0 = -1,700x + 51,000

To solve for x, isolate the variable:

1,700x = 51,000

Dividing both sides of the equation by 1,700:

x = 51,000 / 1,700

Simplifying this division, we find:

x = 30

Therefore, it will take Amelia 30 months to pay back the loan by making monthly payments of $1,700.

User Joshua Sutherland
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