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Softa [21]
3 years ago
10

Aaron borrows $150 from his friend Austin. He promises to pay back the money in 4 monthly installments. Each month he wants to p

ay half the amount he paid the previous month. Assuming Austin does not charge any interest, how much should Aaron pay the first month to repay the money as scheduled?
Mathematics
2 answers:
dalvyx [7]3 years ago
6 0
This can be expressed by, 

80 + 40 + 20 + 10 = 150
navik [9.2K]3 years ago
5 0

Assume first month's price is x

The Equation :

x+1/2x+1/4x+1/8x = 150

Multiply every term by 8 to get whole numbers

8x+4x+2x+x = 1200

15x = 1200

x = 80

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