Natalie purchases a new car for $26,868. She pays 3,000 up front and agrees to make a $430 payment every month for 60 month
Natalie’s car loses value as it get older. A common accounting method to track this loss of the value is straight-line depreciation. According to straight-line depreciation, Natalie’s car loses $223 in value each month
After how many months will the money Natalie had paid equal the value of her car?