10. Anita borrows some money at a fixed rate of simple interest. The amount she owes at the end of each of the first five years us shown at the left.
How much did Anita borrow?
State the total amount as the general term of sequence.
How much time will have passed before Anita owes $7500?
year 1 - $2081.25
year2 - $ 2312.50
year3- $2543.75
year4- $2775
year 5- $3006.25
How much did Anita borrow?
State the total amount as the general term of sequence.
How much time will have passed before Anita owes $7500?
year 1 - $2081.25
year2 - $ 2312.50
year3- $2543.75
year4- $2775
year 5- $3006.25