john buys a new bedroom set on credit for $2760 and no interest. he pays $115 per month. what is the equation that models the money john owes?

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11-05-2018
Mathematics

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john buys a new bedroom set on credit for $2760 and no interest. he pays $115 per month. what is the equation that models the money john owes?

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CastleRook CastleRook · Answer 1 · 2018-05-21T12:32:25+02:00

CastleRook CastleRook

21-05-2018

Suppose that the equation is modeled by a linear equation:
let the amount owed by John, is y at time time,x.
the linear equation is given by:
y=mx+c
where:
m=slope
c=y-intercept
from the information:
c=$2760
m=$115
thus amount owe will be:
y=-115x+2760

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