Mathematics, 24.03.2021 18:30 jrynokenna
Use the example above and determine the fraction of total interest owed.
After the fourth month of a 12 month loan,
the numerator is: {(n +
) + (n +
) + (n +
) + (n +
} =
, and
the denominator is: {(n) + (n + 1) + ... + (n +
)} =
.
Therefore, the fraction is numerator/denominator (to the nearest tenth) =
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Use the example above and determine the fraction of total interest owed.
After the fourth month of...
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