Question

Zachary purchased a computer for $1,100 on a payment plan. Three month after he purchased the computer, his balance was$680. Six months after he purchased the computer, his balance was $260. What is an equation that models the balance y after x months. Answers 1. An equation that models the balance y after x months is y = 1,100 – 140x. What is payment? Payment is the transfer of funds, property, or services in exchange for the provision of goods and services in an amount that is mutually acceptable and has been previously agreed upon. Payment options include cash, checks, wire transfers, credit cards, debit cards, and even cryptocurrencies. Knowing how to pay. Given: Zachary purchased a computer for$1,100 on a payment plan.
Three month after he purchased the computer, his balance was $680. Six months after he purchased the computer, his balance was$260.
We have to find an equation that models the balance y after x months.
Zachary purchased a computer for $1100 The first step is to calculate the purchase he paid after 3 months = 1,100 – 680 =$420
Then the purchase after 1 month is
= $420/3 =$140 per month
The purchase made after 6 months is
= 680 – 260
= $420 The purchase after a month is =$420/3
= \$140 per month
Therefore the equation that models the balance y after x months is
= initial amount of payment plan – amount per month
y = 1,100 – 140x
Hence, an equation that models the balance y after x months is
y = 1,100 – 140x.