Laura borrowed $175,000 at a rate of 5% simple interest for 15 years. How much interest will Laura pay?
1 answer:
You might be interested in
Answer:
a(n)=1.15[a(n-1)]
Step-by-step explanation:
we know that
Let
a0 -----> the length of the original copy
<em>The first copy is equal to</em>
a1=1.15(a0)
<em>The second copy is </em>
a2=1.15[1.15(a0)] or a2=1.15[a1]
<em>The third copy is</em>
a3=1.15{1.15[1.15(a0)]} or a3=1.15[a2]
therefore
A recursive formula will be
a(n)=1.15[a(n-1)]
Answer:
237.46 cm squared
Step-by-step explanation:
look at the image for explanation
