Answer:
a. earned: $292.50
b. total: $2,092.50
Step-by-step explanation:
A = 1800 [1 + (0.065 * 2.5)] = 2092.5
A = $2,092.50
To find the amount is earned, subtract the total with how much to started with
2,092 - 1,800 = 292.50
Standard formula for arithmetic sequence:
an = a0 + d(n-1)
if we use the two terms given, setting a12 as starting term and a45 as the end term an.
170 = 38 + 33d
170 - 38 = 33d
132 = 33d
132/33 = d
This is the common difference, use it to find the first term.
38 = a0 + (132/33)(12-1)
38 = a0 + (132/33)(11)
38 = a0 + 132/3
38 - 132/3 = a0
38 - 44 = a0
-6 = a0
The starting term is -6
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