Liz and her friend both bought Chromebooks. Liz made a $100 initial payment on the Chromebook and then made $15 monthly payments. Her friend made an initial payment of $120 and made a monthly payment of $10. How long will it take for them to have paid the same amount toward their Chromebooks?

Liz and her friend both bought Chromebooks. Liz made a $100 initial payment on the Chromebook and then made $15 monthly payments. Her friend made an initial payment of $120 and made a monthly payment of $10. How long will it take for them to have paid the same amount toward their Chromebooks?

Elementary Algebra

17th Edition

ISBN:9780998625713

Author:Lynn Marecek, MaryAnne Anthony-Smith

Publisher:Lynn Marecek, MaryAnne Anthony-Smith

Chapter3: Math Models

Section3.3: Solve Mixture Applications

Problem 3.65TI: Remy has $14,000 to invest in two mutual funds. One fund pays interest at 4% per year and the other...

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