Your aunt bought a new car. after three months of car payments she owed a total of $22,275 to the bank for the car loan. after 12 months, she owed $18,900 to the bank for the car loan. what was her average payment rate on the principal of the car loan during this time?

When rates are expressed as a quantity of 1, such as 2 feet per second or 5 miles per hour, they are called unit rates. if you have a multiple-unit rate such as 120 students for every 3 buses, and want to find the single-unit rate, write a ratio equal to the multiple-unit rate with 1 as the second term.