John borrowed $5,000 from his parents to buy a car. He made a one-time payment of $1,500 and then he is going to pay his mother $250 each month. How long will it take for him to pay off the car?

14 months

Step-by-step explanation:

5000=1,500+250m

m=months

5000-1500= 3500

3500=250m

3500÷250=14

14=m

14 months

Step-by-step explanation:

He already payed $1,500 of the $5,000 payment.

$5,000 - $1,500

So that means he has $3,500 left to pay.

If he is going to pay $250 per month.

Then do $3,500 divided by $250.

$3,500 ÷ $250

Which is 14 months.

6% increase

Step-by-step explanation:

-8% + 13% = 6%