Table 2: Home loan from STL. Bank Loan amount oan period in years Annual interest rate RI 250 000 20 11% 10.32 Loan factor Tisal repayment Use the formula: Menthly repayment (in rand) (loan amount + 1000) x loan factor

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Sequence and Series

A sequence is defined as a collection of things. Series is defined to sum the things one by one in the sequence.  It was invented by German mathematician Carl Friedrich Gauss.