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29 November, 03:09

Aaron borrows $150 from his friend Austin. He has to pay the money back in 4 monthly installments. Each month he wants to pay half the amount he paid the previous month. How much should Austin pay the first month to repay the money as sched?

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  1. 29 November, 03:34
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    Austin should pay $75 the first month, and 37.50 for the remaining of the 2 months
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