Answer:
f(n)=f(n-1)+f(n-2)
f(1)=1x
f(2)=1x
Step-by-step explanation:
This is the fibonacci sequence with each term times x.
Notice, you are adding the previous two terms to get the third term per consecutive triples of the sequence.
That is:
1x+1x=2x
1x+2x=3x
2x+3x=5x
3x+5x=8x
So since we need the two terms before the third per each consecutive triple in the sequence, our recursive definition must include two terms of the sequence. People normally go with the first two.
f(1)=1x since first term of f is 1x
f(2)=1x since second term of f is 1x
Yes, I'm naming the sequence f.
So I said a third term in a consecutive triple of the sequence is equal to the sum of it's two prior terms. Example, f(3)=f(2)+f(1) and f(4)=f(3)+f(2) and so on...
Note, the term before the nth term is the (n-1)th term and the term before the (n-1)th term is the (n-2)th term. Just like before the 15th term you have the (15-1)th term and before that one you have the (15-2)th term. That example simplified means before the 15th term you have the 14th and then the 13th.
So in general f(n)=f(n-1)+f(n-2).
So the full recursive definition is:
f(n)=f(n-1)+f(n-2)
f(1)=1x
f(2)=1x
Answer:
If Dominic buys 2 points (2% of the loan value) he will get a better rate and hence less payment. The question is asking how long will it take him to save the initial investment of 2% of the loan value due to a smaller payment. The monthly payment at 5.45% is $1,146.43, the monthly payment for 5.2% is $1,118.66. This is a difference of $27.77 per month. The 2 points will cost him $3,752.00. The question is asking how long will it take Dominic to re-coup his $3,752.00 if he saves $27.77 per month. Just divide the 2 numbers and you get 135.10 months. If you divide that by 12 you get 11.26 years, which is roughly 11 years, 4 months.
Step-by-step explanation:
Here is what the question is asking. If Dominic buys 2 points (2% of the loan value) he will get a better rate and hence less payment. The question is asking how long will it take him to save the initial investment of 2% of the loan value due to a smaller payment. The monthly payment at 5.45% is $1,146.43, the monthly payment for 5.2% is $1,118.66. This is a difference of $27.77 per month. The 2 points will cost him $3,752.00. The question is asking how long will it take Dominic to re-coup his $3,752.00 if he saves $27.77 per month. Just divide the 2 numbers and you get 135.10 months. If you divide that by 12 you get 11.26 years, which is roughly 11 years, 4 months.
20 less than (-20) a number (n) is more than (>) twice the same number (2n)
-20+n>2n
minus n both sides
-20>n
n<-20
