2) A customer gets a loan for a used car with a fixed payment each month. After 10 months they owe $9,750 on the car. After 23 months they owe $5,525. a) Create a linear equation for the amount of money in dollars, d, in terms of the months since the customer started paying, m. (hint: Start by writing coordinates of two points.) b) Use your equation to predict how much the customer owes after 12 months.
2) A customer gets a loan for a used car with a fixed payment each month. After 10 months they owe $9,750 on the car. After 23 months they owe $5,525. a) Create a linear equation for the amount of money in dollars, d, in terms of the months since the customer started paying, m. (hint: Start by writing coordinates of two points.) b) Use your equation to predict how much the customer owes after 12 months.
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter2: Functions And Graphs
Section2.4: Writing And Graphing Equations Of Lines
Problem 80E
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question 2 A,B
Transcribed Image Text:2) A customer gets a loan for a used car with a fixed payment each month. After 10 months they owe $9,750 on the car.
After 23 months they owe $5,525.
a)
Create a linear equation for the amount of money in dollars, d, in terms of the months since the customer
started paying, m. (hint: Start by writing coordinates of two points.)
b)
Use your equation to predict how much the customer owes after 12 months.
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