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He buys a boat for $15500. He pays for this boat by making monthly payments that are in arithmetic progression. The first payment that he makes is $140 and the debt is fully repaid after 31 payments. Find the fifth payment.​

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Step-by-step explanation:[tex]\huge\sf\purple{Answer-:}[/tex]

✞︎Given

He buys a boat for 15500. He pays for this boat by making monthly payments that are in arithmetic progression. The first payment that he makes is 140 and the debt is fully repaid after 31 payments. Find the fifth payment.

✞︎To Find

Fifth Payment.

✞︎Solution

Fifth Payment =2188

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