Sequences; Induction; the Binomial Theorem (b) Using a

Chapter 12, Problem 84

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Sequences; Induction; the Binomial Theorem (b) Using a graphing utility, determine when Phils balance will be below $10,000. How many payments of $534.47 have been made? (c) Using a graphing utility, determine when Phil will pay off the balance. What is the total of all the payments? (d) What was Phils interest expense?

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