6 marksSeries
CAPE Pure Mathematics Unit 2 · May/June 2007 · Paper 2 · Question 4(b)(ii)
John's father gave him a loan of 10\,800 to buy a car, repaid by 12 unequal monthly instalments starting with an initial payment of P in the first month. There is no interest charged, but instalments increase by $60 per month.
Find, in terms of n, 1 \le n \le 12, an expression for the remaining debt on the loan after John has paid the n-th instalment.
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