Final answer:
Callie's total car repair bill of $316.48 divided by 4 equal monthly installments results in a monthly payment of $79.12.
Step-by-step explanation:
The student has asked how to calculate equal monthly installments for a car repair bill. Specifically, Callie was billed $316.48 for her car repairs and plans to pay the service center in 4 equal monthly installments. To calculate the monthly installment amount, we need to divide the total bill by the number of installments.
To find out how much Callie will pay each month, we perform this simple division:
- Divide the total bill $316.48 by 4, which gives us $316.48 / 4 = $79.12.
Therefore, Callie will pay $79.12 per month for four months to cover her car repair cost of $316.48.
In summary, without information about an interest rate, it appears that Callie will pay $316.48 each month for 4 months to cover her car repairs. If there were interest involved, additional information would be needed to calculate the monthly payments accurately. Always check the terms of the payment plan or agreement to ensure the correct formula is applied based on any interest or financing charges that may be involved.