Question
$ 1000 is invested with 8% compound interest annually. After n years, the investment will be worth still. to. Make a table of values with
$ 1000 is invested with 8% compound interest annually. After n years, the investment will be worth still. to. Make a table of values with n and an. (start the counter where you like)
b. Determine a recursive form of the general term an
c. Determine a NON-recursive form of the general term an
d. Graph the sequence an, first by hand and then checking with some software. and. Is the sequence {an} geometric? Why or why not?
F. Does the sequence {an} converge or diverge? Determine it through limits. Interpret the convergence or divergence of the sequence in context of the problem
g. After 50 years, how much will the investment be?
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