asked 45.8k views
5 votes
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?

asked
User Fenone
by
7.5k points

1 Answer

7 votes
2500+150x=3000+125x. ---> 25x=500---> x=20. 20 months
answered
User Dchest
by
8.4k points
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