Respuesta :
if they pay half each month for 6 months it's 4000 for the first month and then you divide by half each 5 times with I believe takes you to $125 left
Amount pay in sixth month is $125
Given that;
Amount of loan = $8,000
Amount pay every month = 1/2 of remaining amount
Find:
Amount pay in six month
Computation:
Amount pay in first month = 8000 / 2
Amount pay in first month = $4,000
Amount pay in second month = 4000 / 2
Amount pay in second month = $2,000
Amount pay in third month = 2000 / 2
Amount pay in third month = $1,000
Amount pay in fourth month = 1000 / 2
Amount pay in fourth month = $500
Amount pay in fifth month = 500 / 2
Amount pay in fifth month = $250
Amount pay in sixth month = 250 / 2
Amount pay in sixth month = $125
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