Question

Callie was billed $416.48 for car repairs. She will pay the service center in 4 equal monthly installments from her bank account. What is the net change in her bank account balance after each monthly payment? Complete the steps below to solve this problem and others like it.

Part A
In terms of the entire bill, which rational number represents the net change to Callie’s bank account? What does the sign on the number mean?

Answer 1

The net change is -416.48 (dollars).

The negative sign means Callie’s bank account decreases by $416.48 — money leaves her account to pay the bill.