Question

Ashley want to buy a used car. It costs $10,000. She has saved $2,500 to pay right away and will pay the rest in equal monthly payments of $500. How many months will it take to pay off the car?

Answer 1

15 months for her to pay off the remaining $7,500.

Answer 2

15

Explanation:

10,000 - 2,500 = $7,500

$7500 ÷ $500 a month = 15 months