Monday

March 2, 2015

March 2, 2015

Posted by **bart** on Tuesday, June 1, 2010 at 12:51am.

monthly payments of $225 are to be made on an original loan

amount of $3,000.

Write an expression in terms of x that gives the amount of money remaining to be paid.

$3,000 - $225x

- Algebra: is this right? -
**MathMate**, Tuesday, June 1, 2010 at 8:30amThe expression is correct.

The complete mathematical relationship including the function y(x) is:

y(x) = 3000 - 225x

State that the unit of y(x) is in dollars, and x represents the number of monthly payments made.

Note: the above assumes zero interest rate.

**Answer this Question**

**Related Questions**

Algebra - Suppose A is the amount borrowed, r is the interest rate (in decimal ...

Algebra - Suppose Alice buys a car and obtains a 5 year loan for $25,000 at an ...

Algebra - Suppose A is the amount borrowed, r is the interest rate (in decimal ...

Algebra - I am trying to work through this problem and am having trouble. Can ...

Algebra - I am trying to work through this problem and am having trouble. Can ...

math - OMG I CAN NOT get this !!!! Purchase price of article = $495 Down payment...

mathematics - The monthly loan payment was calculated at 119 payments of $330.38...

finance - A young couple was involved in a multi-level marketing business for a ...

Finance - You have arranged for a loan on your new car that will require the ...

business finance - A young couple was involved in a multi-level marketing ...