On January 1, 2009, Breonna owed $12,960 to her friend Recardo, who was kind enough not to charge Breonna any interest. Each month during 2009, Breonna paid Recardo some of the money she owed. If Breonna still owed Recardo $5,724 on January 1, 2010, what was the average amount of Breonna's monthly payments?
On January 1, 2009, Breonna owed $12,960 to her friend Recardo, who was kind enough not to charge Breonna any interest. Each month during 2009, Breonna paid Recardo some of the money she owed. If Breonna still owed Recardo $5,724 on January 1, 2010, what was the average amount of Breonna's monthly payments?
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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On January 1, 2009, Breonna owed $12,960 to her friend Recardo, who was kind enough not to charge Breonna any interest. Each month during 2009, Breonna paid Recardo some of the money she owed. If Breonna still owed Recardo $5,724 on January 1, 2010, what was the average amount of Breonna's monthly payments?
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