15 percent of 28.50 is 4.275
So 28.50 + 4.275 = 32.775
So $32.77
<h3>The Simplified Question:-</h3>


<h3>
Solution:-</h3>
Let

For n=1





Let k be any positive integer.

We have to prove that p(k+1) is true.
consider









Thus P(k+1) is true whenever P(k) is true.
Hence by the Principal of mathematical induction statement P(n) is true for 
Note:-
We can solve without simplifying the Question .I did it for clear steps and understanding .
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