Lisa was finding the median of the heights of the people in her family: 54 inches, 48 inches, 68 inches, 67 inches, 73 inches. S
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Answer:
The explicit function is:
where
and we calculate S12:
Step-by-step explanation:
Expanding a few steps of the compound interest:
We can write:
for deposits
Then, expanding the previous equations would yield:
This is a geometric series form, which can be simplified to:
plugin in the values for the 12 month gives: