Answer:
Car loans, amortized monthly, and retailer installment loans, also calculated monthly, are examples of simple interest; as the loan balance dips with each monthly payment, so does the interest. Certificates of deposit (CDs) pay a specific amount in interest on a set date, representing simple interest
150÷100=1.5
1.5×5=7.5
150+7.5= 157.5g
Answer:
d
Step-by-step explanation:
I believe it is d if I'm not wrong
The answer is D. a1=2 an=an-1+3
