Question

Please Help with a Quiz RN????

Determine the fraction of total interest owed.

After the sixth month of a 12-month loan,

the numerator is: {(n + 11) + (n + 10) + (n + 9) + (n + 8) + (n + 7) + (n + 6)} = ?

and

the denominator is: {(n) + (n + 1) + ... + (n + 11)} = ?

Therefore, the fraction is numerator/denominator (to the nearest tenth) = ?

Answer 1

numerator is 57. denominator is 78 therefore, the fraction is numerator/denominator (to the nearest tenth) = 73.1%