Mathematics

11 April, 04:33

Mario deposits $300 in a savings account over the course of a year. He deposits money into the account throughout t next year until his balance is doubled. The next year he does the same and deposits money into the account until his previous year's balance is doubled Assume that this trend continues and his account does not earn interest. Consider his initial balance to be year one. what explicit formula can be used to determine the balance of his savings account at the end of n years?

+3

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Mario deposits $300 in a savings account over the course of a year. He deposits money into the account throughout t next year until his ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

How do you solve 3n + 8 = 29

3 (2^9x-8) - 7=14 solve for x

Suppose that the correlation between midterm 1 and midterm 2 is 0.55; the mean and standard deviation of midterm 1 are 71 and 3, while for midterm 2 the mean and standard deviation are 81 and 4. There are 21 students in the class. Test, at level 0.

How many minutes does it take9 people to paint 7 walls?

How do you write 228 o/o as a fraction

New Questions in Mathematics

What does a computer do when it's hungry

Brandie is trying to decide between two cell phones. One is free with a 2-year contract, but she will have to pay the sales tax of 8% on the original price$399 and the monthly charge is $10 more than she currently pays.

If the length of side a is 16 centimeters, the length of side b is 10 centimeters, and m = 42°, what is the measure of? Round your answer to two decimal places.

Solve for y. 18y - 6 = - 30

Multiply. (3x + 2) (3x - 2) A. x² + 12x - 4 B. 9x² - 12x - 4 c. 9x - 4 D. 9x² + 4