Raafiq's monthly mortgage payment was $1500 last year, and on average, 12% of each payment was interest. If Raafiq itemizes deductions on his federal income tax return, how much can he deduct for mortgage interest?

This is what i found “an explicit formula designates the nth term of the sequence, as an expression of n (where n = the term's location). it defines the sequence as a formula in terms of n. this example is an arithmetic sequence(the same number, 5, is added to each term to get to the next term).” i hope this you for what your looking for. can you plz mark me brainliest?