enter the correct answer in the box. do not include dollar signs. jamie owns a pizza shop in town, and shes…

enter the correct answer in the box. do not include dollar signs. jamie owns a pizza shop in town, and shes working on paying off equipment expenses. the remaining balance of $6,550 is financed and requires a monthly payment of $275. the shop is doing well, so jamie can afford to pay an extra $300 each month to speed up paying off the balance. write the second equation in a system that jamie can use to find how many months it will take her to pay off the balance. equation 1: $y = 300x$ equation 2: $y=$

enter the correct answer in the box. do not include dollar signs. jamie owns a pizza shop in town, and shes working on paying off equipment expenses. the remaining balance of $6,550 is financed and requires a monthly payment of $275. the shop is doing well, so jamie can afford to pay an extra $300 each month to speed up paying off the balance. write the second equation in a system that jamie can use to find how many months it will take her to pay off the balance. equation 1: $y = 300x$ equation 2: $y=$

Answer

Explanation:

Step1: Identify the initial balance

The initial remaining balance is $6550$.

Step2: Determine the amount paid per month

Jamie pays a total of $275 + 300=575$ per month.

Step3: Set up the equation

Let $y$ be the remaining balance and $x$ be the number of months. The amount paid in $x$ months is $575x$. The initial balance minus the amount paid in $x$ months gives the remaining balance. So the equation is $y = 6550-575x$.

Answer:

$6550 - 575x$