Algebra House
  • Ask a Question
    • Answered Questions
  • Examples
  • State Test Practice
    • Algebra 1 State Test Practice
    • Geometry State Test Practice
  • ACT and SAT
  • Calculators
    • Problem Solver
    • Graphing Calculator
    • 3D Graphing Calculator
  • Contact
    • Contact Algebra House
    • Leave a Tip


​
​Answered Questions

How to graph the relationship between amount left to be paid and monthly payments

3/7/2021

0 Comments

 
Hannah's loan was for $18,000 at 0% interest. Her monthly payment is $300 per month. Which graph best models the relationship between the amount of money left to be paid on the loan and the number of monthly payments?

With no graph to look at in the asked question, here’s an explanation.

The y-axis would represent the amount left to be paid.
The x-axis would represent the amount of payments made.


The graph would have a y-intercept of (18,000 , 0) {the balance is $18,000 with 0 payments made}
The graph would have an x-intercept of (0 , 60) {the balance is $0 after 60 payments have been made}
The graph would have a slope of -300 {$300 is being paid each month}

$18,000 being paid off at $300 each month would take 60 months.

Ask the House

0 Comments

Your comment will be posted after it is approved.


Leave a Reply.


    Ask a Question
    Picture
    Latest Videos
    Picture

    Archives

    March 2023
    February 2023
    January 2023
    December 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020

In case you missed it:
Search algebrahouse.com:
Go Home
​​Ask a Question
Answered Questions
Algebra Examples
State Test Practice

ACT and SAT Practice​
Blog
Notes Archive

​Problem Solver
Graphing Calculator
3D Graphing Calculator
​Leave a Tip
  • Ask a Question
    • Answered Questions
  • Examples
  • State Test Practice
    • Algebra 1 State Test Practice
    • Geometry State Test Practice
  • ACT and SAT
  • Calculators
    • Problem Solver
    • Graphing Calculator
    • 3D Graphing Calculator
  • Contact
    • Contact Algebra House
    • Leave a Tip