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Mary borrowed $720 from her parents. She will make equal payments of $60 per month for 12 months to repay the loan. Which equation can Mary use to find out how much money she still owes after each loan
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1 vote
Mary borrowed $720 from her parents. She will make equal payments of $60 per month for 12 months to repay the loan. Which equation can Mary use to find out how much money she still owes after each loan payment?

User Tanzil
by
4.6k points

2 Answers

3 votes

Answer:

She will owe 2,391

Explanation:

760-60x12

User Dqthe
by
5.5k points
3 votes

Answer:

$0

Explanation:

User Jonathan Musso
by
4.9k points
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