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How to solve Mr . Jones bought a lot for $ 5 0 0 0 with a down payment of $ 5 0 0 .

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Mr. Jones bought a lot for $5000 with a down payment of $500. He agreed to pay 6% simple interest
on the balance. If he paid $2000 three months after purchase and $1500 six months later, what
payment 1 year after the date of purchase will discharge his obligalion? Put the focal date at the
end of 1 year.
Given the linear series
Find the sum to first n terms
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