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can anyone answer this pls!!!!!!!!!!

Can Anyone Answer This Pls class=

Sagot :

u₁₂ represents the amount of loan remaining after 12 years

How to interpret u₁₂?

The function is given as:

u₀ = 8000

[tex]u_n = u_{n-1}(1 + 0.054) - 500[/tex]

Given that the subscript n in [tex]u_n[/tex] represents number of years and [tex]u_n[/tex] represents the amount left to be paid after n years.

We can conclude that:

u₁₂ represents the amount of loan remaining after 12 years

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