PLEASE HELP!!! give an explanation if you can
1 answer:
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Answer:
The amount becomes $6964.53 after 3 years .
Step-by-step explanation:
Formula
Where P is the principle , r is the rate of interest in the decimal form and t is the time in the years .
As given
Earl invested 6,000 in a money market account that pays 5% interest quarterly for 3 years .
P = $6000
5% is written in the decimal form.
= 0.05
r = 0.05
t = 3 years
Putting all the values in the formula
Therefore the amount becomes $6964.53 after 3 years .
We have been given the sequence 2,3,5,9,17.
We can write the terms of this sequence as
From the above term we can see that for the first term we take exponent 0 on 2 and then add 1 .
For second term we take exponent 1 on 2 and then add 1 .
For third term we take exponent 2 on 2 and then add 1 .
Using this fact for the next term of the sequence i.e. 6th term, we can take exponent 5 on 2 and then add 1 .
Therefore, next term of the sequence is given by
Therefore, the next term is 33.
Using the above facts, the pattern is given by