Elaine deposited $50 into a bank account. Each month, the balance in the account increases by 0.25%. The amount of money in her bank account n months later is expressed by the sequence an, where a n = 50 (1.0025) n.
Which of the following is a recursive definition for the same sequence?
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Home » Mathematics » Elaine deposited $50 into a bank account. Each month, the balance in the account increases by 0.25%. The amount of money in her bank account n months later is expressed by the sequence an, where a n = 50 (1.0025) n.