The balance of a loan is $2,570 in January, and the monthly payment is $125.50. The relationship between the loan balance, y, and the number of monthly payments made since January, x, can be represented by the equation y = 2,570 - 125.50x. In what months does the loan balance, y, meet the condition, $1,600 < y < $2,000?Options below>select all that apply JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember

Accepted Solution

Answer:600<2570-125.5x<2000  subtract 2570 from all terms...-970<-125.5x<-570  divide all terms by -125.5 (and reverse signs because of division by a negative!) 7.73>x>4.54  and x is months since January, and since months can only be integers...x=[5,7]So January + 5, 6, and 7 respectively are the three months that satisfy the equation...June, July, and August.Step-by-step explanation: