Which checking account transactions will REDUCE John’s checking account balance? (choose ALL correct answers)
1 answer:
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Answer:
times 0.4
Step-by-step explanation:
The recursive formula allows a term in the sequence by multiplying the previous term by the common ratio r
Here
r = =
= 0.4
Thus the recursive formula is
c(n) = c(n - 1) × 0.4 → with c(1) = 500 ← the first term in the sequence
