Jack took out a 6-year loan for $25,000 to purchase a boat at a 4.5% interest rate. If the interest is compounded monthly, what will he have paid total over the course of the loan?

Solve: 25 points find the fifth term of an increasing geometric progression if the first term is equal to 7−3 √5 and each term (starting with the second) is equal to the difference of the term following it and the term preceding it.

What multiplys to be 1 but adds up to be 4

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