You receive a $500 gift for high school graduation and deposit it into a savings account on
Question:
a. Write a recursive formula for this problem.
b. List the first 3 terms of the sequence.
c. What is the meaning of the value of u3?
d. How much money will you have in your account when you retire, 35 years later?
e. If you deposit an additional $100 in your account each year on June 15, how much will you have in savings 35 years after graduation?
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a u 0 500 and u n 1 0059u n1 where n 1 b 500 52950 56074 u 0 500 ...View the full answer
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Related Book For 
Discovering Advanced Algebra An Investigative Approach
ISBN: 978-1559539845
1st edition
Authors: Jerald Murdock, Ellen Kamischke, Eric Kamischke
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