Since there is a common difference of one, this is an arithmetic sequence of the form a(n)=a+d(n-1) which in this case is:
a(n)=15+1(n-1)
All arithmetic sequences have a sum which is equal to the average of the first and last terms time the number of terms, mathematically:
s(n)=(2an+dn^2-dn)/2 (that is just the result of ((a+a+d(n-1))(n/2)) )
Since a=15 and d=1 this becomes:
s(n)=(30n+n^2-n)/2
s(n)=(n^2+29n)/2 so
s(10)=(100+290)/2
s(10)=195 logs
Assets=liability+owners equity
(10000+150000+34000)=(108000+7000)+100000
194000=115000+100000
194000=215000
194000+21000=215000
215000=215000
So the answer is 21000
Answer:
dont know sorry
Step-by-step explanation:
sorry :(
The answer is a. Just check the work below to understand
Answer: $3,927
Step-by-step explanation:
The interest will accrue as a simple interest rate for 10 years and then the grace period of six months.
The total time is therefore: 10.5 years.
Interest for those 10.5 years is:
= Loan amount * No. of periods * interest rate
= 5,500 * 10.5 * 6.8%
= $3,927
