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You repay a bank $480 in 3 months for a loan. What are your monthly payments to the bank? $ per month

You repay a bank $480 in 3 months for a loan. What are your monthly payments to the bank? $ per month
asked 1.9k views
4 votes
You repay a bank $480 in 3 months for a loan. What are your monthly payments to the bank?

$ per month

asked
User Chris Seufert
by
8.0k points

2 Answers

4 votes

Answer: 160 dollars per month

Explanation:

answered
User Lucidbrot
by
8.7k points
1 vote

Answer:

$160

Explanation:

480/3 =160

answered
User Tatianna
by
7.8k points
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