Please answer the question from the attachment.
1 answer:
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Using geometric sequence form, we can rewrite it as:
Since r < 1, there exists a limit, and thus, it is said to converge.
Since the ratio is still positive, as n tends towards infinity, the graph of the sequence will never go below the horizontal. Thus, we say that the limit of the function is zero, which means that as we increase the size of n, eventually after the infinite-th time, it will hit zero.
Answer:
- $272 was invested in the savings account at 11%
- $572 was invested in the savings account at 14%
Step-by-step explanation:
Let the amount in the savings account with 11% interest =x
She has $300 more in the 14% account.
Therefore amount saved at 14%=x+300
Simple Interest= Principal X (Rate/100) X Time
Since, the time is not given, we assume an annual interest.
Therefore, Time =1 Year
Total Interest = $110
Now, our total interest will be a sum of the interest earned at 11% and the interest earned at 14%.
Therefore:
- $272 was invested in the savings account at 11%
- $572 was invested in the savings account at 14%
Cheers!