Answer:
$3870
Step-by-step explanation:
Hello, the initial deposit is $1000.
After one year, we will get 1000 + 7%*1000= 1000 * ( 1+7%) = 1000 * (1+0.07)
= 1000 * 1.07
And we want to compound it so the second year we will get
And after n years, we will get
In that example, we want to know how much we will get after 20 years, so this is:
Thank you.
Hey there!
3/4 means Rise/Run. Guess why the rise is called the rise and the run is called the run.
The 4 tells us to move 4 units in this direction:
------------------------------------------->
That was meant to represent an arrow.
Hope it helps!
All integers where n ≥ 1.
We have given that the sequence,
We have to find the domain for n.
<h3>What is the meaning of arithmetic sequence?</h3>Arithmetic sequence is a sequence of numbers such that the difference between the consecutive terms is constant. Difference here means the second minus the first.
That is,
where a = first term of sequence.
d =common difference.
n =number of terms which belongs to natural numbers
By the definition of arithmetic sequence n starts with 1
Remember that,the natural number starts with 1
Now, in given sequence for nth term
The domain for n is All integers where n ≥ 1.
To learn more about the arithmetic sequence visit: