Mathematics: Which best describes secured credit? it is backed by a valuable asset. it carries no risk for the lender. it can be easily obtained. it limits a borrower’s debt.

Using formula for both= A) a1 = 4, d = 3= 4+3(n-1)= 4+3n-3= 3n+1B) a1 = -7, d = 5= -7+5(n-1)= -7+5n-5= 5n-12...

Which best describes secured credit? it is backed

uc22912

01.06.2020

It is backed by a valuable asset, best describes secured credit.

0,0(0 оценок)

nnagg0ll

01.06.2020

it is backed by a valuable asset

0,0(0 оценок)

efloyd04

19.10.2021

Using formula for both

=> $a_{n} = a_{1} +d(n-1)$

A) a1 = 4, d = 3

=> 4+3(n-1)

=> 4+3n-3

=> 3n+1

B) a1 = -7, d = 5

=> -7+5(n-1)

=> -7+5n-5

=> 5n-12

0,0(0 оценок)