Asked by Mike

50. Steve borrows $4,800 from his parents to purchase a used car. No interest is charged on the loan and Steve will pay his parents $150 per month until the loan is paid off.
(a)Write a function that describes the relationship between the amount Steve owes his parents and the number of months since the loan was made.
(b)What are the domain and range of the function in part (a)? What do these represent in context of the situation?

Answers

Answered by Steve
y = 4800 - 150x
since the loan balance must be positive

range: [0,4800]
domain: [0,36]
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