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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?
 one year ago
 one year ago
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?
 one year ago
 one year ago

This Question is Closed

sassyjazzBest 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
 one year ago

CallistoBest 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?
 one year ago

WinterFallBest ResponseYou've already chosen the best response.0
Answer above is perfect.
 one year ago

TO!RAW!FOR!LIFEBest ResponseYou've already chosen the best response.0
IT SEEMS LIKE 8 WEEKS IS THE ANSWER.
 one year ago
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