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18 September, 17:35

Aaron needs to take out a loan to purchase a motorcycle. At one bank he would pay $2500 initially and $150 each month for the loan. At another bank, he would pay $3000 initially and $125 each month. After how many months will the two loan payments be the same?

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  1. 18 September, 18:46
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    2500+150x=3000+125x. - - - > 25x=500---> x=20. 20 months
  2. 18 September, 20:22
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    2500+150x=3000+125x

    150x-125x=3000-2500

    25x=500

    x=20

    Answer:20 months
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