Answer: 4500 - 350m
Step-by-step explanation:
From the question, we are informed that each TTF site bought a new rope bridge for 4,500 and that TTF will make monthly payments of $350 until the bill is paid.
The equation for the unpaid balance B after m monthly payments will be:
= 4500 - 350m
where me = number of months
For example, if the number of months used is 4 months, the unique balance will be:
= 4500 - 350m
= 4500 - 350(4)
= 4500 - 1200
= 3300