Enter the correct answer in the box. Do not include dollar signs.

Jamie owns a pizza shop in town, and she's working on paying off equipment expenses. The remaining balance of $6,550 is financed and requires a monthly payment of $275. The shop is doing well, so Jamie can afford to pay an extra $300 each month to speed up paying off the balance.

Write the second equation in a system that Jamie can use to find how many months it will take her to pay off the balance.

Question

Mathematics

Leilani Arroyo

18 November, 04:59

Enter the correct answer in the box. Do not include dollar signs.

Jamie owns a pizza shop in town, and she's working on paying off equipment expenses. The remaining balance of $6,550 is financed and requires a monthly payment of $275. The shop is doing well, so Jamie can afford to pay an extra $300 each month to speed up paying off the balance.

Write the second equation in a system that Jamie can use to find how many months it will take her to pay off the balance.

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Answers (1)

Know the Answer?

Rodney Cunningham · Answer 1

Step-by-step explanation:

The required monthly payment is $275. The shop is doing well, so Jamie can afford to pay an extra $300 each month to speed up paying off the balance. It means that her monthly payment would be

275 + 300 = $575

The remaining amount that she has to pay is $6,550.

Let x represent the number of months that it will take her to pay off the balance. Therefore, the second equation in a system that Jamie can use to find how many months it will take her to pay off the balance would be

575x = 6550