Yui makes a list of the balances in her savings account at the end of each month. She notices that each month's total is 5% grea
ter than the previous moth's total. She writes a recursive formula to describe the account balances. Which value should she use as the common ratio
1 answer:
1.05*prevous month total or
Starting balance * 1.05^n where n is the number of months
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Step-by-step explanation:
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