Mathematics, 05.10.2021 14:00 nally6636
Ernie deposits $9,800 into a pension fund. The fund pays a simple interest rate of 7% per year. What will the balance be after four years? Give your answer in dollars to the nearest dollar. Do not include commas or the dollar sign in your answer. For example if your answer is $1,234.56 enter 1235
Answer from: Quest
, and
for
step-by-step explanation:
we can analyze the pattern at which the terms increase. let us denote , , , so that we can call
1 the 1st term, 3 the 2nd term, 6 the 3rd term,etc.note the following:
from the 1st term (1) to the 2nd term (3), we go up by 2,from the 2nd term (3) to the 3rd term (6), we go up by 3from the 3rd term (6) to the 4th term (10), we go up by 4, andfrom the 4th term (10) to the 5th term (15), we go up by 5.the pattern: to get the next term value, we just add the next term number (e.g. 1st, 2nd, to the previous term value (term values are the given numbers in the question, 1, 3, 6, 10, 15,
from , to get to , we add
from , to get to , we add
etc.
we need to form a recursive formula, a formula that has the next term as a function of the previous term. so a possible recursive formula can be
, and for
Answer from: Quest
need more detail
step-by-step explanation:
lele
Answer from: Quest
4+4+2x
or
2x+8
step-by-step explanation:
Answer from: Quest
i can you with this answer
step-by-step explanation:
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Ernie deposits $9,800 into a pension fund. The fund pays a simple interest rate of 7% per year. What...
Mathematics, 20.09.2021 09:40
Mathematics, 20.09.2021 09:40