Answer:
The loan will be paid after 39 monthly installments.
Step-by-step explanation:
Since I am paying off a student loan in monthly installments, and after the 4th payment the remaining balance is $ 13,900, while after the 5th payment my remaining balance is $ 13,500, to determine the amount of payments in which the loan was agreed I must perform the following calculation:
13900 - 13500 = 400
400 x 5 = 2000
2000 + 13500 = 15500
15500/400 = 38.75
Thus, the loan will be paid after 39 monthly installments.
9514 1404 393
Answer:
Step-by-step explanation:
Adding the same number to both sides of the equation is an acceptable move. The addition property of equality tells Grace that the value of the variable will remain unchanged by such a move.
Her new equation would be ...
2x +20 +10 = 15 +10
2x +30 = 25 . . . . the result of Grace's move
_____
<em>Additional comment</em>
There may be very good reasons why Grace would want to do that. If solving the equation is Grace's intent, that move would be counterproductive. For the purpose of solving the equation, it would be more productive to either subtract 20 from both sides, or divide both sides by 2. These steps would give, respectively, ...
2x = -5
x +10 = 7.5