16. Interest earned:
1 answer:
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Answer:
p = 8
Step-by-step explanation:
The n th term of an AP is
= a₁ + (n - 1)d
where a₁ is the first term and d the common difference
Given a₉ = 4 + 5p and d = 5, then
a₁ + 8d = 4 + 5p, that is
a₁ + 8(5) = 4 + 5p
a₁ + 40 = 4 + 5p ( subtract 40 from both sides )
a₁ = 5p - 36
a₂ = 5p - 36 + 5 = 5p - 31
a₃ = 5p - 31 + 5 = 5p - 26
a₄ = 5p - 26 + 5 = 5p - 21
Given that the sum of the first 4 terms = 7p - 10, then
5p - 36 + 5p - 31 + 5p - 26 + 5p - 21 = 7p - 10, that is
20p - 114 = 7p - 10 ( subtract 7p from both sides )
13p - 114 = - 10 ( add 114 to both sides )
13p = 104 ( divide both sides by 13 )
p = 8