The balance of a loan is $2,570 in January, and the monthly payment is $125.50. The relationship between the loan balance, y, an
d the number of monthly payments made since January, x, can be represented by the equation y = 2,570 - 125.50x. In what months does the loan balance, y, meet the condition, $1,600 < y < $2,000? January February March April May June July August September October November December
We are dividing the parking amount they had to pay by the 5 friends since they are splitting the amount they pay. Then we are adding 30 because that is how much each friend is paying.