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.
Write a rational number that represents the amount of the monthly payment from Quiana’s perspective.