Alex made a $4000 down payment on a car. The total cost of the car was $11000. He made 40 equal monthly payments to pay the car in full. How much did Alex pay per month? Define a variable, write an equation, and solve.

Answers

Answer: Alex Paid $175 for 40 months

Step-by-step explanation:

$4000 = y-int or b

$11000 = y

40 months = x

Slope – intercept form : Y=mx+b

We are solving for m which is the slope (How much Alex Paid per month)

Answer: Alex Paid $175 for 40 monthsStep-by-step explanation:$4000 = y-int or b$11000 = y40 months = xSlope – intercept form : Y=mx+bWe are solving for m which is the slope (How much Alex Paid per month)11000=m(40)+400011000=40m+40007000=40m7000/40m=175