Answer:
After 10 months, the loan and value of the car will both be equal to $7,500.
Explanation:
Value of the loan after x months:
Value of the car after x months:
Which statement describes when Melinda’s loan will be equal to the value of the car?
They are equal when:
So
Equal after 10 months:
Value of
Thus, the correct option is:
After 10 months, the loan and value of the car will both be equal to $7,500.