5. You are a colleotions manager for a hospital. One patient has an overdue balance of $$ \$ 550 $$. If the bill is paid within 1 year, no interest fees will be charged. The pationt has agreed to pay 11 monthly payments of $$ \$ 50 $$. How much will the patient owe after she makes 2 monthly payments?

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After 2 payments, the patient will owe $450. To determine how much the patient will owe after making 2 monthly payments of $50 each, we can follow these steps: 1. **Calculate the total amount paid after 2 months:** $$ \text{Total paid} = 2 \times 50 = 100 $$ 2. **Subtract the total amount paid from the original balance:** $$ \text{Remaining balance} = 550 - 100 = 450 $$ Therefore, after making 2 monthly payments, the patient will owe **$450**.

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