Question

Every month, Tracie writes a check for

$25 to pay off part of a loan. She has
enough in her checking account to
pay no more than $450 towards the
loan. For how many months can Tracie
send payments for the loan?

Answer 1

She can pay it 18 months

Answer 2

She can pay the loan 18 months.

Explanation:

Given,

Tracie has to pay $ 25 each month to pay the loan.

She has $ 450 in her account to pay the loan.

To find the number of months she can pay the loan.

We will apply the unitary method.

$ 25 she can pay in 1 month

$ 1 she will pay in
`(1)/(25)` month

$ 450 she will pay in
`(1)/(25)` × 450 months.

=
`(450)/(25)`

= 18 months