Answer:
The explicit formula is Tn = 18[(2/3)^(n-1)]
Where n is the term we are looking for
Step-by-step explanation:
Here, we want to get an explicit formula to model the equation
Now, F(2) = 2/3 * f1 = 2/3 * 18 = 12
F(3) = 2/3 * f(2) = 2/3 * 12 = 8
F(4) = 2/3 * F(3) = 2/3 * 8 = 16/3
F(5) = 2/3 * 16/3 = 32/9
Thus, seeing how the equations are progressing, we can definitely see a pattern.
That is Tn = (2/3)^(n-1)(18)
Hi there
The formula is
A=p (1+r/k)^kt
A future value 3000
P present value 100
R interest rate 0.02
K compounded monthly 12
T time?
We need to solve for t
T=[log (A/p)÷log (1+r/k)]÷k
T=(log(3,000÷100)÷log(1+0.02÷12))÷12
T=170.202 years
So it's a
Hope it helps