About 115 are pansies when you round down from the original number (115.44)
The answer is indeed 3,725.90. The reason why is because <span>with each adjustment, you take the remaining balance and calculate a fixed rate loan for the remaining time period at the new rate. When you follow that procedure with the data you already have, you get that answer.</span>
3×2y-(1/3×3)=5×3
6y-1=15
6y-1+1=15+1
6y=16
y=8/3
Y cannot be 8
