Answer:
it is already in it's simple form
Step-by-step explanation:
hope it helps.
see explanation
To obtain the first 5 terms substitute n = 1, 2, 3, 4, 5 into the rule
= = 2
= =
P=$7500
T=2yrs
R=4.2%
now,
CA=P((1–R)^T)/100
=7500(1–4.2/100)^2
then slove it on calculator and you will get the required result