Answer:
Short term Capital gain and $1200
Step-by-step explanation:
Any investment held under a year falls under short term capital gain
5,000 X 0.24 = 1,200
Answer: 75% 45/60 is .75 witch is 75%
Step-by-step explanation:
Answer:
11
Step-by-step explanation:
Answer = the value in the second picture or middle
The one in the second picture
The bar on top of the numbers 12 means that the 12 keeps on re-occurring
Answer:
Explicit formula is
.
Recursive formula is 
Step-by-step explanation:
Step 1
In this step we first find the explicit formula for the height of the ball.To find the explicit formula we use the fact that the bounces form a geometric sequence. A geometric sequence has the general formula ,
In this case the first term
, the common ratio
since the ball bounces back to 0.85 of it's previous height.
We can write the explicit formula as,

Step 2
In this step we find the recursive formula for the height of the ball after each bounce. Since the ball bounces to 0.85 percent of it's previous height, we know that to get the next term in the sequence, we have to multiply the previous term by the common ratio. The general fomula for a geometric sequene is 
With the parameters given in this problem, we write the general term of the sequence as ,
