Carmen has taken out a loan for $800 to buy a car. She plans to pay back the loan at a rate of $40 per month. Ramona has borrowe
d $500 to buy a car, which she plans to pay back at a rate of $20 per month.
1 answer:
Answer:
Carmen will have her loan payed off in 20 months.
Ramona will have her loan payed off in 25 months.
Step-by-step explanation:
Carmen: $800 loan; paying $40 a month
Divide $800 by $40 and you'll get 20 months
Ramona: $500 loan; paying $20 a month
Divide $500 by $20 and you'll get 25 months
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Step-by-step explanation:
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