If a bank has total deposits of $7,700 and reserves of $2,100: instructions: round to the nearest whole number. (a) what is its
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Answer:
see below
Step-by-step explanation:
-33, -27, -21, -15,....
-33 +6 = -27
-27+6 = -21
-21+6 = -15
This is an arithmetic sequence
The common difference is +6
explicit formula
an=a1+(n-1)d where n is the term number and d is the common difference
an = -33 + ( n-1) 6
an = -33 +6n -6
an = -39+6n
recursive formula
an+1 = an +6
10th term
n =10
a10 = -39+6*10
= -39+60
=21
sum formula
see image
The sum will diverge since we are adding infinite numbers
