The relationship between the balance B (in dollars) left on a mortgage loan and N, the number of monthly payments, is given by B=298,800-830N.   What is the balance on the mortgage after 10 years?$Enter your answer; What is the balance on the mortgage after 10 years?   20 years?$Enter your answer; What is the balance on the mortgage after 20 years?   30 years?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section7.7: Writing Exponential Functions
Problem 6CYU
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The relationship between the balance B (in dollars) left on a mortgage loan and N, the number of monthly payments, is given by

B=298,800-830N.

 

What is the balance on the mortgage after 10 years?

$Enter your answer; What is the balance on the mortgage after 10 years?

 

20 years?

$Enter your answer; What is the balance on the mortgage after 20 years?

 

30 years?

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