Answer:
So you take 6.4% and multiple it by $3,000 and add it each year :D, the final answer should be 58,000$
Step-by-step explanation:
I did the math you are welcome for the answer
Solution
The 1st term = -3
15th term = 53
15th term = a + d(n-1)
53 = -3 + d(15- 1) [Here n = 15)
53 + 3 = d(14)
14d = 56
d = 4
The common difference is 4.