We get tne n-th term with: tn=1/3tn-1
We know that the first term is t1=81, so 81=1/3t*1-1
81=1/3t-1
82=1/3t
82*3t=1
3t=1/82
t=1/82*3=1/246
The second term is: 1/
2*(1/246)*2)-1
We get the third term by replacing n with 3 and so on...
Answer:
P = $2,000
Step-by-step explanation:
Interest = Principal x Rate x Time
500 = P(.05)(5)
500 = .25P
P = 500/.25
P = 2000
Hundreds place. three hundred
