Question

A loan company is offering interest free students’ loans to college students. Two students apply for loans. Student one borrows $5000 and will repay $250 per month for 20 months. Student two borrows $7500 and will repay $500 for 15 months. Which system of equations can be used to determine the number (x) of months after which both students will have the same loan balance (y)?

Answer 1

Answer:

Step-by-step explanation:

It is

3400