Rita borrowed the sum of 24000 from Abasifreke with a promise to pay in 24 annual installment which forms an AP ( arithmetic progression ). When 20 of this instalment is being paid, rita becomes insolvent and Abasifreke finds out that 6000 is stil outstanding. Find the value of each of the four first installments ignoring interest
Rita borrowed the sum of 24000 from Abasifreke with a promise to pay in 24 annual installment which forms an AP ( arithmetic progression ). When 20 of this instalment is being paid, rita becomes insolvent and Abasifreke finds out that 6000 is stil outstanding. Find the value of each of the four first installments ignoring interest
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 16E
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Rita borrowed the sum of 24000 from Abasifreke with a promise to pay in 24 annual installment which forms an AP ( arithmetic progression ). When 20 of this instalment is being paid, rita becomes insolvent and Abasifreke finds out that 6000 is stil outstanding. Find the value of each of the four first installments ignoring interest
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