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 yaxis would represent the amount left to be paid. The xaxis would represent the amount of payments made. The graph would have a yintercept of (18,000 , 0) {the balance is $18,000 with 0 payments made} The graph would have an xintercept 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
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