Carrie borrows 960 interest fee to pay for a car repair. she will repay $120 monthly until the loan is paid off. how many months will it take carrie to pay off the loan?

We are told that Carrie borrows $960 interest free to pay for a car repair. She will repay $120 monthly until the loan is paid off and we are asked to find how many months will it take Carrie to pay off the loan.

In order to find out the number of months to pay off the loan we will divide total amount borrowed by monthly loan installment.

Therefore, Carrie have to pay $120 for 8 months to payoff the loan.

steve should create a type of business report called a business plan. the correct option among the options that are already given in the question is the last or the fourth option. this business report created by steve will actually influence the investors about investing their money in steve's business. this business report will have all the details about the business, the amount of investment required and the amount of expected profit.