Step-by-step explanation:
hi im not sure it's right it was kinda confusing
The explicit formula for calculating the sum is

The sum of the nth term of a sequence is expressed as;

a is the first term
d is the common difference
n is the number of terms
For the sequence 0 + 1 + 2 + 3 +...

Similarly for the sequence:
1 + 2+ 3 + 4+...

Taking the product of the sum to get the explicit formula for calculating the sum

Learn more here: brainly.com/question/24547297
The final balance is $64,599.38.
The total compound interest is $55,599.38.
It would be 196/9 or 12.7777 in decimal