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Activity 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.
Part F One way to simplify expressions with negative terms is to distribute the -1s. Rewrite the expression from Part E, factoring out a -1 from any negative value.

1 Answer

9 votes

Answer:

$13,997.53

Explanation:

The simplest, minimally acceptable answer would stem from multiplying by 5 the $247.43 monthly payment and subtracting the result from the amount initially owed:

$15,234.68

-$ 1,237.15

----------------

$13,997.53

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