Question

Maddie borrowed $1.250 from a friend to buy a new TV. Her friend doesn't charge any interest, and Maddie makes $40 payments each month. What is the equation that models the money Maddie owes?

Answer 1

1250 - 40x = y

Explanation:

y = amount still owed

x = monthly pay, dependent on 40

1250 = initial amount

40 = amount paid per month, dependent on x