8) Jordan has a loan at a bank and makes monthly payments. He pays different amounts each month,
but can approximate the total amount he owes the bank using the equation y = -150x + 1250, where
y is the total amount owed and x is the number of months in the loan repayment. Which statement i
true based on the equation?
He started with a loan of $1,100.
(A) He started with a total loan of $150.
(C) He pays approximately $1,250 each
month.
(B)
(D)
He pays approximately $150 each month.