Josh gets together with 7 friends.  Everyone including him puts 5 dollars into a pot.  First place gets 80% of the money.  Second and third place split the rest.  How much money does third place get?
How many people are in the pot? ** 7+1=<<7+1=8>>8 people threw money into the pot.
How much money is in the pot? ** So the amount of money in the pot is 8*5=$<<8*5=40>>40.
How much money does first place get? ** First place gets 40*.8=$<<40*.8=32>>32
How much money is left in the pot after first place gets his cut? ** So there is 40-32=$<<40-32=8>>8 left in the pot after first place gets his cut
How much money does third place get? ** So third place gets 8/2=$<<8/2=4>>4
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