Question

If anyone can do this for me step by step i will give you 30 points please help me out

Answer 1

Answer:

after 10 months

Step-by-step explanation:

Let x be the number of months and y be the amount they still owe.

Sin Ian borrows $1000 from his parents, then the y-intercept b= 1000 since he owes $1000 when x = 0. He pays them back $60 each month The slope is then m = -60 . Substituting in b = 1000 and m = -60 into the slope-intercept form of a line then gives y= mx + b=-60x +1000.

Sin Ken borrows $600 from his parents, then the y-intercept b = 600 since he owes $600 When x= 0. He pays them back $20 per month so the amount he owes decreases $20 each month. The slope is then m = -20 . Substituting in

b= 600 and m = -20 into the slope-intercept form then gives y = mx +b = -20x + 600.

They will owe the same amount when they have the same y-coordinate. Therefore -60x+ 1000= y= -20x+600. Solve this equation for x:

-60x+ 1000 = -20x+ 600

1000 = 40x+ 600

400 = 40x

10=x

They will then owe the same amount after 10 months.