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maksim [4K]
2 years ago
8

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
Mathematics
1 answer:
Sati [7]2 years ago
4 0
1.05*prevous month total or

Starting balance * 1.05^n where n is the number of months
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