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Nezavi [6.7K]
1 year ago
13

Can anyone answer this pls!!!!!!!!!!

Mathematics
1 answer:
gizmo_the_mogwai [7]1 year ago
6 0

u₁₂ represents the amount of loan remaining after 12 years

<h3>How to interpret u₁₂?</h3>

The function is given as:

u₀ = 8000

u_n = u_{n-1}(1 + 0.054) - 500

Given that the subscript n in u_n represents number of years and u_n represents the amount left to be paid after n years.

We can conclude that:

u₁₂ represents the amount of loan remaining after 12 years

Read more about loan at
brainly.com/question/26011426

#SPJ1

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