Answer:
B(n) = t - 150n
Explanation:
The following formula can be used to calculate the balance owed after a certain amount of months have passed by ...
B(n) = t - 150n
This formula basically states that the balance that is owned (B(n)) is equal to the total amount that was borrowed minus the 150 that was already paid off multiplied by the total amount of months/payments made (n). Which for example, after 5 months would be (150 * 5 = 750) $750 paid back.
