Answer:
Principal amount (P) = $10,000
Rate (R) = 1.5%
Time (T) = 4 years
Simple interest, I = P X R X T / 100
= 10000 X 1.5 X 4 /100
= 60000 / 100
= $600
Therefore, Balance = P + I
= 10000 + 600
= $10600
Firstly, seeing that the sequence is based on odd numbers I would say that this is the formula (which will allow you to know whatever term):
nth term = 2n-1
Hope this helps!
A:5
I hope this helps you
Good luck on the rest :)
