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?

a.)After 10 months, the loan and value of the car will both be equal to $7,500.

b.)After 12 months, the loan and value of the car will both be equal to $7,000.

c.)After 14 months, the loan and value of the car will both be equal to $6,500.

d)After 16 months, the loan and value of the car will both be equal to $6,000.

Question

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?

a.)After 10 months, the loan and value of the car will both be equal to $7,500.

b.)After 12 months, the loan and value of the car will both be equal to $7,000.

c.)After 14 months, the loan and value of the car will both be equal to $6,500.

d)After 16 months, the loan and value of the car will both be equal to $6,000.

zale101 · Answer

Hello. Please post your question in the math section. You are on the wrong section.