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10 August, 14:30

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?

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  1. 10 August, 14:31
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    If the company pays half of thew remaining amount each month then the business will pay $125 on the 6th month
  2. 10 August, 14:52
    0
    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
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