Answer:
Step-by-step explanation: Use pascal triangle or foil method
How much would $600 invested at 8% interest compound continuously be worth after 3 years ?
1 answer:
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Answer: The common difference is 0.8 and the next 3 terms are 4.8, 5.6, 6.4.
Explanation:
The given arithmetic sequence is,
Since it is a arithmetic sequence, therefore the common difference is,
The recursive is the process in which the preceding term is used to find the next one.
The recursive formula of arithmetic sequence is,
Where, a is first term and d is common difference.
Since, the first term is 0.8 and common difference is 0.8.
We have to find next 3 terms, so we have to add 0.8 in preceding term of the sequence because the common difference is 0.8. The last given term is 4, So, first next term is,
Now the preceding term is 4.8, so the next term is,
Now the preceding term is 5.6, so the next term is,
Therefore the common difference is 0.8 and the next 3 terms are 4.8, 5.6, 6.4.