# SOLUTION: Mike puts down a payment of \$800 on a new television set and pays \$40 per month. Alonzo purchases the same television with a \$600 down payment and pays \$60 per month. In how many m

Algebra ->  Algebra  -> Customizable Word Problem Solvers  -> Finance -> SOLUTION: Mike puts down a payment of \$800 on a new television set and pays \$40 per month. Alonzo purchases the same television with a \$600 down payment and pays \$60 per month. In how many m      Log On

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 Click here to see ALL problems on Money Word Problems Question 630329: Mike puts down a payment of \$800 on a new television set and pays \$40 per month. Alonzo purchases the same television with a \$600 down payment and pays \$60 per month. In how many months will Mike and Alonzo have paid equal a. 14 months b. 7 months c. 10 months d. 2 monthsAnswer by ewatrrr(10682)   (Show Source): You can put this solution on YOUR website! ``` Hi, Mike puts down a payment of \$800 on a new television set and pays \$40 per month. Alonzo purchases the same television with a \$600 down payment and pays \$60 per month. In how many months will Mike and Alonzo have paid equal Question states*** 800+ 40x = 600+ 60x | Solve for x ```