For each $75 gym membership sold, the gym keeps $55 and the employee who sold it gets $20 in commission. The commission the empl
2 answers:
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Using the recursion equation, it is found that the value of the 2nd iterate is:
The value of the nth iteration is given by:
The initial estimate is:
Hence, the 1st iterate is given by:
The 2nd iterate is:
Thus, the fourth option is correct.
You can learn more about recursive equations at brainly.com/question/6561461