Question: Loan Payoff $1,400.00 ' SLZMDO ' 8 E 8 Amount owed (5) , E a o 15 30 45 so 75 so 105 120 135

Loan Payoff $1,400.00 ' SLZMDO ' 8 E 8 Amount owed (5) , E a o 15 30 45 so 75 so 105 120 135 150: NumberonMonIs db. a. Find an equation to model the situation described on the graph. (Let A = the amount of loan, and t= time in months.) b. Using your model, complete ll in the blanks to this statement: dc. A loan of is paid off at a rate of per month. c. Which of the following statements correctly describes the horizontal intercept in the graph above? (a) The amount of the original loan. (b) The monthly payment. (c) The number of months it takes to pay off the loan

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