Based on the company's collection history, 2% of credit sales are uncollectible, 40% are collected in month of sale and the rema
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Answer:
108
Step-by-step explanation:
The n th term of an arithmetic sequence is
= a₁ + (n - 1)d
where a₁ is the first term and d the common difference
Here a₁ = 12 and d = 16 - 12 = 4, thus
= 12 + (24 × 4) = 12 + 96 = 108