You need a loan of $150,000. Compare your monthly payments and total loan cost under two options. Assume that the closing costs
1 answer:
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Work shown above! Answer would be D. hope this helps c:
Answer:
A. A(n) = 150 • (0.74)^n–1 ; 33.29 cm
Step-by-step explanation:
This is a geometric sequence.
a%5B1%5D=1.5m=150cm, r=0.74
The formula is
a%5Bn%5D=a%5B1%5Dr%5E%28n-1%29
Just substitute a1 = 150cm and r = 0.74
a%5Bn%5D=150%280.74%29%5E%28n-1%29
That's the rule.
For the second part, substitute n = 6
cm.
