Elon has misplaced the sales contract for his car and cannot remember the amount he originally financed. He does know that the add-on interest rate was 5.3 % and the loan required a total of 36 monthly payments of $ 314.76 each. How much did Elon borrow?

the terms of a geometric sequence can be found by beginning with the first term and multiplying by the common ratio repeatedly. a recursive formula for a geometric sequence with common ratio r is given by an=ran−1 a n = r a n − 1 for n≥2 n ≥ 2 .

step-by-step explanation:

i know the point slope is y= 1/11x-46/11

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