SOLUTION: Is it D? I want to check my answer.
Esme earns a net salary of $2,400 per month. She already has a savings account that has $100 in it. After paying her expenses every month, sh
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Esme earns a net salary of $2,400 per month. She already has a savings account that has $100 in it. After paying her expenses every month, sh
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Question 1184499: Is it D? I want to check my answer.
Esme earns a net salary of $2,400 per month. She already has a savings account that has $100 in it. After paying her expenses every month, she’ll be able to add $100 to her savings account. Esme also plans to purchase a car priced at $20,000 using a no-interest loan. She will make a $300 payment on the loan every month. In how many months will Esme have enough money saved to pay off her loan completely?
A. 44.45 months
B. 45.75 months
C. 47.75 months
D. 49.75 months
E. 50.45 months Answer by MathLover1(20849) (Show Source):
You can put this solution on YOUR website!
yes, it is D
The amount Esme earns as net salary = $
The amount she already has in a savings account = $
The amount she would be able to add to her savings account every month = $
The cost of the car Esme plans to purchase on the no interest loan, A = $
The amount she will make as payment on the loan every month, P = $ per month
Let '' represent the number of month Esme will be able to pay off her loan completely
