Using a geometric series approach (ie, the formula we developed class), determine how
much is still owed after 5 years of payments. Show your work.

When rates are expressed as a quantity of 1, such as 2 feet per second or 5 miles per hour, they are called unit rates. if you have a multiple-unit rate such as 120 students for every 3 buses, and want to find the single-unit rate, write a ratio equal to the multiple-unit rate with 1 as the second term.

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How many shares did he have to begin with?