Answer: There are 24 more payments made.
Step-by-step explanation:
In a 5 year loan there is 60 months
In a 3 year loan there is 36 months.
y=(1/3)x-2
Step-by-step explanation:
the slope-intercept form is y-y1=m(x-x1)
hence, y-0=1/3(x-6) or y=(1/3)x-2