Every month, Ms. Thomas pays her car loan through automatic payments (withdrawals) from her savings account. She pays the same amount on her car loan each month. At the end of the year, her savings account balance changed by -$2,931.00 from payments made on her car loan. What is the change in Ms. Thomas' savings account balance each month of a year due to this car payment?
Every month, Ms. Thomas pays her car loan through automatic payments (withdrawals) from her savings account. She pays the same amount on her car loan each month. At the end of the year, her savings account balance changed by -$2,931.00 from payments made on her car loan. What is the change in Ms. Thomas' savings account balance each month of a year due to this car payment?
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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