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) = %.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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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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