4 times 5 times 3 equals 60 and if you halve or divide by anything it isn't a common denominator so you have 45/60, 48/60 and 40/60
The phrase can be written as:

therefore the correct choice is the third one.
The recursive formula
means that the next term in the sequence is 5 more than the previous one.
So, we know that we start from
, which means that the next term is

Similarly,

I think it is $50.06.
I used a calculator for this.
Hope this helps! :)
Step-by-step explanation:
What's the value for a? This cannot be solved unless 'a' or 'n' is given