Respuesta :
Answer:
$458.46
Explanation:
In the first month, the business will pay 12% of the remaining amount on the loan, which is $8000 * 12/100 = ${data-answer}lt;<8000*12/100=960>>960.
In the second month, the business will pay 12% of the remaining amount on the loan, which is ($8000 - $960) * 12/100 = $7104 * 12/100 = ${data-answer}lt;<7104*12/100=853.28>>853.28.
This pattern continues, so in the sixth month, the business will pay 12% of the remaining amount on the loan, which is ($8000 - $960 - $853.28 - $756.96 - $661.94 - $578.84) * 12/100 = $3820.52 * 12/100 = ${data-answer}lt;<3820.52*12/100=458.46>>458.46.
Therefore, the business will pay $458.46 in the sixth month.
