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Mary borrowed $720 from her parents. She will make equal payments of $60 per month for 12 months to repay the loan. Which equation can Mary use to find out how much money she st…

Mary borrowed $720 from her parents. She will make equal payments of $60 per month for 12 months to repay the loan. Which equation can Mary use to find out how much money she st…
asked 83.4k views
1 vote
Mary borrowed $720 from her parents. She will make equal payments of $60 per month for 12 months to repay the loan. Which equation can Mary use to find out how much money she still owes after each loan payment?

asked
User Tanzil
by
8.4k points

2 Answers

3 votes

Answer:

She will owe 2,391

Explanation:

760-60x12

answered
User Dqthe
by
8.6k points
3 votes

Answer:

$0

Explanation:

answered
User Jonathan Musso
by
8.2k points
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