Mr. Cruz bought a new power tool that costs $25,000. He made a downpayment of $5,000 and agreed to
pay the remaining amount in 20 equal monthly installments starting the following month.
*a. Construct a table that would show his remaining balance.
b. What sequence did you get?
*c. What amount represents the first term?
* d. What is the common difference of the sequence?
*e. What is the remaining balance after 1 year?
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