Question

Sage borrowed $4500 from her parents to buy a new car. So far she has repaid $2740. If sage repays her parents $110 a month, how much time will it take her to pay back the full amount of the loan?

Answer 1

16 months

Explanation:

Hey there!

This would be the correct answer because first you need to subtract the amount she paid from the amount she owes.

`4500-2740`

`=1760`

After that divide that answer from 110

This is because she will be paying 110 each month

`1760/110`

Once you calculate that you will get 16.