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every month,ms. Thomas pays her car loan through automatic payments (withdraws) from her savings account. She pays the same amount on her car loan each month. At the end of the year (12 months), her savings account balance changed by -$2,931 from payments made on her car loan. What is the change in Ms. Thomas' savings account balance each month due to her car payment?

 Jan 6, 2016
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You didn't state she was paying ANY interest (doesn't matter)

 

She paid   2931 in 12 months    2931/12 = $ 244.25/mo

 Jan 6, 2016

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