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14 September, 11:18

Melinda takes out a loan to purchase a car. The balance on her loan after x months is represented by the equation y = 10,000 - 250x and the value of the car after x months is represented by y = 8,000 - 50x. Which statement describes when Melinda's loan will be equal to the value of the car?

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  1. 14 September, 11:33
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    Answer: Melinda's loan will be equal to the value of the car after 10 months.

    Step-by-step explanation:

    Hi, to answer this question we have to equal both equations:

    Melinda's loan will be equal to the value of the car

    y = y

    10,000 - 250x = 8,000 - 50x

    Solving for x:

    10,000-8,000 = - 50x+250x

    2,000 = 200x

    2,000/200 = x

    10 = x

    Melinda's loan will be equal to the value of the car after 10 months.

    Feel free to ask for more if needed or if you did not understand something.
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