Question

You have a loan of $1300 After 4 months, you owe $500 find the amount paid each months? A 130 B 50 C 100 D 200

Answer 1

option D:

$200

Explanation:

loan = $1300

after 4 months loan left = $500

loan paid in 4 months = 1300 - 500 = $800

amount paid in each month = $200