MATH SOLVE

4 months ago

Q:
# A business owes $8000 on a loan. Every month, the business pays 1/2 of the amount remaining on the loan. How much will the business pay in the sixth month?

Accepted Solution

A:

if they pay half each month for 6 months it's 4000 for the first month and then you divide by half each 5 times with I believe takes you to $125 left