Chris owes his brother $250. He has agreed to pay back 12% of the remaining balance each month. After making five payments, approximately how much money does Chris still owe?

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asked Aug 4, 2018 172k views

5 votes

Chris owes his brother $250. He has agreed to pay back 12% of the remaining balance each month. After making five payments, approximately how much money does Chris still owe?

Mathematics
high-school

Lize asked

by Lize

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6 votes

okay so 12x5=60%
so now you do 250 / 60% which is 150

so 150

Mahdi Dahouei answered Aug 10, 2018

by Mahdi Dahouei

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