<span>The term
describes the amount of interest Ramon will pay is APR, annual percent rate
which is 10%. The term annual percentage rate of charge (APR<span>), corresponding sometimes to a nominal </span>APR<span> <span>and sometimes to an effective </span></span>APR<span> <span>(or EAPR), describes the interest rate for a
whole year (annualized), rather than just a monthly fee/rate, as applied on a
loan,<span> </span></span></span></span>
Answers:
first term = 37
second term = 46
third term = 55
fourth term = 64
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Explanation:
Start at 37. Add 9 to this term to get the second term. Add 9 to that result to get the next term, and so on.
first term = 37
second term = 37+9 = 46
third term = 46+9 = 55
fourth term = 55+9 = 64
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The nth term formula is
a(n) = 9n+28
It can be found by plugging a = 37 and d = 9 into the general form
a(n) = a + d*(n-1)
Increments of 100,000.
0 - 1,000,000
Essentially 0, 100,000, 200,000, 300,000, etc.
#7
20%•$300
$60
300-60
240
Hope this helps!!
