Question

Every month mrs. valenzuela pays her car loan through automatic payments (withdraws) from her savings account. she pays the same amount on her car loan each month. at the end of the year, her savings account balance changed by -$2,931 from payments made on her car loan.

What is the change in Mrs. Valenzuela's savings account balance each month due to her car payment? Explain how you found your answer and write your final answer as a statement.

Describe the total change to Mrs. Valenzuela's savings account balance after making 6 monthly payments on her car loan. Model your answer using a number sentence. Write your final answer as a statement.



please help I'm in desperate need ​

Answer 1

See below.

Explanation:

There are 12 months in 1 year.

Since her balance changes -$2,931 is 1 year, it changes 1/12 of that amount in 1 month.

1/12 * -$2,931 = -$2,931/12 = -$244.25

The change each month is -$244.25

The change in 1 month is found by dividing the change in 1 year by 12 since there are 12 months in 1 year.

In 6 months, the change is 6 times the change in 1 month.

6 * -$244.25 = -$1,465.50

The change in 6 months is -$1,465.50