Greatest Common Factor: 12-1/3 = -4/12, 7/4 = 21/12-4/12 + 21/12 = 17/12
Answer in simplest form: 17/12
Answer: The interest is $60
Step-by-step explanation:
500*112%=$560
560/18=$31.11
$60 in interest is paid, or an additional $3.33 a month (Bringing the monthly loan payment to a grand total of $31.11)
The pattern here is the number times 3 then plus 1
We can check this by plugging it in.
1×3=3
3+1=4
4 is the next number in our sequence so the pattern works.
We can continue to check this with the rest of our sequence.
4×3=12
12+1=13
13 is the next number in our sequence so the pattern works.
13×3=39
39+1=40
40 is the next number in our sequence so the pattern works.
40×3=120
120+1=121
121 is the next number in our sequence so the pattern works.
We can find the next numbed in the sequence by continuing the patter
121×3=363
363+1=364
So the next number in the sequence is 364