Draw an angle for each measurement
1 answer:
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Answer:
The amount becomes $6964.53 after 3 years .
Step-by-step explanation:
Formula
Where P is the principle , r is the rate of interest in the decimal form and t is the time in the years .
As given
Earl invested 6,000 in a money market account that pays 5% interest quarterly for 3 years .
P = $6000
5% is written in the decimal form.
= 0.05
r = 0.05
t = 3 years
Putting all the values in the formula
Therefore the amount becomes $6964.53 after 3 years .
Notice that the pattern is "previous term plus 2". This is an arithmetic sequence where the difference (d) equals +2
= a₁ + d(n - 1) ; where a₁ is the first term, d is the difference, and n is the term.
f(n) = 1 + 2(n - 1)
f(n) = 1 + 2n - 2
f(n) = 2n - 1
********************************
f(10) = 2(10) - 1
f(10) = 20 - 1
f(10) = 19