Use the example above and determine the fraction of total interest owed.
after the fifth month...
Mathematics, 08.11.2019 20:31, live4dramaoy0yf9
Use the example above and determine the fraction of total interest owed.
after the fifth month of a 12-month loan:
the numerator is: ((n +
) + (n +
) + (n +
3 =
, and
, and
the denominator is: [(n) + (n + 1) + + (n
therefore, the fraction is numerator/denominator (to the nearest tenth)
Answers: 3
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