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Wayne invests $7600 with a bank. He will be paid interest at the rate of 6% per annum, compounding monthly. Let V_n be the value

Wayne invests $7600 with a bank. He will be paid interest at the rate of 6% per annum, compounding monthly. Let V_n be the value of the investment after n months. a Write a recurrence relation to model Wayne's investment. b How much is Wayne's investment worth after 5 months

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