Amy records deposits as positive numbers and withdrawals as negative numbers in her bank book.Amy loaned an equal amount of money to each of 5 people. She loaned a total of $100. She recorded each loan by writing each amount in her bank book.What is the amount Amy recorded in her bank book for each loan?$____
Q. Amy records deposits as positive numbers and withdrawals as negative numbers in her bank book.Amy loaned an equal amount of money to each of 5 people. She loaned a total of $100. She recorded each loan by writing each amount in her bank book.What is the amount Amy recorded in her bank book for each loan?$____
Calculate Total Loan Amount: Amy loaned a total of $100 to 5 people equally. To find out how much each person received, divide the total amount by the number of people.
Calculate Amount per Person: Calculation: $100÷5=$20 per person.
Record Loans in Bank Book: So, Amy recorded −$20 in her bank book for each loan, because loans are recorded as negative numbers.