Question

Kenya plans to make a down payment plus monthly payments in order to buy a motorcycle. At one dealer

she would pay $2,500 down and $150 each month. At another dealer, she would pay $3,000 down and $125
each month. After how many months would the total amount paid be the same for both dealers? What
would that amount be?

Answer 1

Explanation:

2500+150x=3000+125x

150x-125x=3000-2500

25x=500

x=500/25

x=20 mo

----------------

2500+150*20=3000+125*20

5500=5500 total paid after twenty months

Hope this helps! ;0