175k views
4 votes
A business owes $8000 on a loan. Every month, the business pays 12 of the amount remaining on the loan.

How much will the business pay in the sixth month?

2 Answers

3 votes

Answer:

$125 on the 6th month

User Wumms
by
7.3k points
3 votes
$125 is to be paid during the 6th month.
User Pharaun
by
8.2k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories