Find

question 115

Short Answer

Find
(a)the first term
(b)the common difference
(c)the 12th term
(d)the sum of the first 12 terms
8, 12, 16, 20, 24, . . .

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Definitions:

Lender

An individual, institution, or entity that provides funds to another with the expectation that the funds will be repaid, typically with interest.

Five C's

A set of critical criteria used in credit analysis, typically referring to character, capacity, capital, collateral, and conditions.

Creditworthiness

A valuation or assessment of an individual's or entity's ability to repay debts or meet financial obligations.

Repayment Patterns

The trends or habitual ways in which a borrower returns borrowed money to the lender, often analyzed in finance to assess risk and set terms.