Autumn loaned $410 to Shantel. They agreed on a payback plan of $56 every month. a. Write a formula for how much Shantel still owes Autumn T months after borrowing the money. Use M = money owed. b. Determine the horizontal intercept for this equation c. Which of the following is the best choice for putting the number into the blank? Shantel is paying the loan off _____ dollars every month. Shantel owes _______ dollars at the start. Shantel still owes money after ____ months. After about ____ months, the loan will be paid off.

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ISBN:9780470458365
Author:Erwin Kreyszig
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Autumn loaned $410 to Shantel. They agreed on a payback plan of $56 every month.

a. Write a formula for how much Shantel still owes Autumn T months after borrowing the money. Use M = money owed.

b. Determine the horizontal intercept for this equation

c. Which of the following is the best choice for putting the number into the blank?

  • Shantel is paying the loan off _____ dollars every month.
  • Shantel owes _______ dollars at the start.
  • Shantel still owes money after ____ months.
  • After about ____ months, the loan will be paid off.
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