SOLUTION: Jill owes her parents $100. She saves $25 every 2 weeks. a. Write an equation of the line that illustrates this situation. b. How long will it take her to pay her parents back th

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Jill owes her parents $100. She saves $25 every 2 weeks. a. Write an equation of the line that illustrates this situation. b. How long will it take her to pay her parents back th      Log On

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Question 1020950: Jill owes her parents $100. She saves $25 every 2 weeks.
a. Write an equation of the line that illustrates this situation.
b. How long will it take her to pay her parents back the $100?

Answer by Fombitz(32388) About Me  (Show Source):
You can put this solution on YOUR website!
P=100-25%2AT
.
.
.
0=100-25%2AT
100=25%2AT
T=4
She needs 4 2-week periods to pay back or 8 weeks.