<span>Let a_0 = 100, the first payment. Every subsequent payment is the prior payment, times 1.1. In order to represent that, let a_n be the term in question. The term before it is a_n-1. So a_n = 1.1 * a_n-1. This means that a_19 = 1.1*a_18, a_18 = 1.1*a_17, etc. To find the sum of your first 20 payments, this sum is equal to a_0+a_1+a_2+...+a_19. a_1 = 1.1*a_0, so a_2 = 1.1*(1.1*a_0) = (1.1)^2 * a_0, a_3 = 1.1*a_2 = (1.1)^3*a_3, and so on. So the sum can be reduced to S = a_0 * (1+ 1.1 + 1.1^2 + 1.1^3 + ... + 1.1^19) which is approximately $5727.50</span>
Answer:
Step-by-step explanation:divide 12/10 and 24/10. The larger answer will tell you the slower ant... I’m pretty sure
Answer:
The answer is A .
Step-by-step explanation:
Hope it helps u , good luck ^.^
1.05*prevous month total or
Starting balance * 1.05^n where n is the number of months
8 / x = 12 - 3(8)
8 / x = 12 -24
8 / x = -12
x = -0.66666666667
Check your work
8 /(-0.66666666667) = 12- 3(8)
-12 = 12 - 3(8)
-12 = -12
x = -0.66666666667 Exactaly (Ten 6's One 7)
Hope this helps :)
