Answer: There are 24 more payments made.
Step-by-step explanation:
In a 5 year loan there is 60 months
In a 3 year loan there is 36 months.
It would be .10 bc they are both decimals
Answer:
6, 24, 96, 384
Step-by-step explanation:
a₁ = 6
a₂ = 4 x a₁ = 4 x 6 = 24
a₃ = 4 x a₂ = 4 x 24 = 96
a₄ = 4 x a₃ = 4 x 96 = 384