Register

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?

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?
asked 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?

asked
User Mmmoustache
by
8.3k points

2 Answers

3 votes

Answer:

$125 on the 6th month

answered
User Wumms
by
7.3k points
3 votes
$125 is to be paid during the 6th month.
answered
User Pharaun
by
8.2k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!