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18 votes
18 votes
Quiana took out a loan to pay for a new car. Initially, she owed the lender $15,234.68. She has repaid $247.43 of the loan each month for the past 5 months. What is the net change to the loan from Quiana’s perspective over the past 5 months?

Complete the steps below to help Quiana calculate the loan amount that she’s repaid to the lender.

User TomRoche
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1 Answer

24 votes
24 votes

Answer:

13,325

Explanation:

247.43 x 5

13,535

User Sanjay Rathod
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3.0k points