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28-09-2021
Mathematics

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5. Briliana has taken out a loan for $16000 to buy a car. She plans to pay back the loan at a rate of $500 per month. LaShay has borrowed $500 to buy a car, which she plans to pay back at a rate of $20 per month.Knowing it'll take Briliana 16 months to reach $8000, how long will it take Briliana to reach $16000?

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01-10-2021

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Answer:

32 months

Step-by-step explanation:

It will take Briliana twice as long to reach $16,000 as it takes to reach $8,000. Twice 16 months is 32 months to reach $16,000.

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