Suppose a creditor offers you an agreement where the infest accrues as follows: I=Prt, where I is interest owed ($), P is the am
1 answer:
You might be interested in
If is the first number in the progression, and
is the common ratio between consecutive terms, then the first four terms in the progression are
We want to have
In the second equation, we have
and in the first, we have
Substituting this into the second equation, we find
So now we have
Then the four numbers are