Question

Every month, Mr. Jones pays his school loans through automatic payments (withdrawals) from his savings account. He pays the same amount on his school loan each month. At the end of the year, his savings account balance changed by -$3,183 from payments made on his school loan. What is the change in Mr. Jones savings account balance each month due to his school payment?

Answer 1

i think the answer is 265.25

Explanation:

because there are 12 months in a year so 3,183 ÷ 12 = 265.25