Use the example above and determine the fraction of total interest owed.
After the fifth...
Mathematics, 21.05.2020 19:06 joejoefofana
Use the example above and determine the fraction of total interest owed.
After the fifth month of a 12 month loan,
the numerator is: {(n + _) + (n + _) + (n + _) + (n + _) + (n + _)} = _, and
the denominator is: {(n) + (n + 1) + ... + (n + _)} = _.
Therefore, the fraction is numerator/denominator (to the nearest tenth) = _%.
Thank you ꧁༒☬~ℙℝ☬༒꧂
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