Answer: hope this is what you are looking for
Step-by-step explanation:
Answer:
Step-by-step explanation:
A geometric sequence is based on the following equation:
In which r is the common ratio.
This can be expanded for the nth term in the following way:
In which is the first term.
In this question:
Applying the equation:
So
Add the value of the car with her savings and cash:
18,200 + 525 + 2800 = 21,525
Now subtract her net worth:
21,525 - 9,025 = 12,500
Her loan is $12,500