Got Homework?
Connect with other students for help. It's a free community.
Here's the question you clicked on:
 0 viewing
sassyjazz
Group Title
Robert borrowed $750 from his parents to make some repairs on his car. He promised to repay the loan by giving his parents at least $67 from his paycheck each week. Assuming Robert sticks to his promise, which of the following is not a possible scenario for the amount of debt Robert has remaining?
 2 years ago
 2 years ago
sassyjazz Group Title
Robert borrowed $750 from his parents to make some repairs on his car. He promised to repay the loan by giving his parents at least $67 from his paycheck each week. Assuming Robert sticks to his promise, which of the following is not a possible scenario for the amount of debt Robert has remaining?
 2 years ago
 2 years ago

This Question is Closed

rebeccaskell94 Group TitleBest ResponseYou've already chosen the best response.0
following...
 2 years ago

sassyjazz Group TitleBest ResponseYou've already chosen the best response.0
After 5 weeks, Robert is $150 in debt. After 6 weeks, Robert is $200 in debt. After 7 weeks, Robert is $250 in debt. After 8 weeks, Robert is $300 in debt
 2 years ago

Callisto Group TitleBest ResponseYou've already chosen the best response.3
Consider the minimum payment Week interest paid loan (at most) (x = total loan  interest paid) 1 67 750  67 = 683 2 67 x 2 = 134 750  134 = 616 3 67 x 3 = 201 750  201 = 549 4 67 x 4 = 268 750  268 = 482 5 67 x 5 = 335 750  335 = 415 6 67 x 6 = 402 750  402 = 345 7 67 x 7 = 469 750  469 = 281 8 67 x 8 = 536 750  536 = 214 The amount of the loan can be less than x as he may pay more than 67 in any weeks. However, it cannot be greater than x as he keeps his promise to pay the minimum amount of 67. Can you get the answer now?
 2 years ago

WinterFall Group TitleBest ResponseYou've already chosen the best response.0
Answer above is perfect.
 2 years ago

Callisto Group TitleBest ResponseYou've already chosen the best response.3
Thanks!!!1
 2 years ago

TO!RAW!FOR!LIFE Group TitleBest ResponseYou've already chosen the best response.0
IT SEEMS LIKE 8 WEEKS IS THE ANSWER.
 2 years ago
See more questions >>>
Your question is ready. Sign up for free to start getting answers.
spraguer
(Moderator)
5
→ View Detailed Profile
is replying to Can someone tell me what button the professor is hitting...
23
 Teamwork 19 Teammate
 Problem Solving 19 Hero
 Engagement 19 Mad Hatter
 You have blocked this person.
 ✔ You're a fan Checking fan status...
Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.