Answer:
I'll setup the problem and leave the computation to you
Step-by-step explanation:
The equation to calculate fixed payments
P= payments
r = interest rate for the period (which is a quarter )
PV = present value (or the amount borrowed)
n = number of periods
r = .25/4 (4 months = quarter of a year)
n = 4*10
PV = R450550.00
if you have questions, put them in the comment
<em><u>Recursive equation for the pattern followed is given by,</u></em>
In the question,
The number of interaction for 1 child = 0
Number of interactions for 2 children = 1
Number of interactions for 3 children = 5
Number of interaction for 4 children = 14
So,
We need to find out the pattern for the recursive equation for the given conditions.
So,
We see that,
Therefore, on checking, we observe that,
On checking the equation at the given values of 'n' of, 1, 2, 3 and 4.
<u>At, </u>
<u>n = 1</u>
which is true.
<u>At, </u>
<u>n = 2</u>
Which is also true.
<u>At, </u>
<u>n = 3</u>
Which is true.
<u>At, </u>
<u>n = 4</u>
This is also true at the given value of 'n'.
<em><u>Therefore, the recursive equation for the pattern followed is given by,</u></em>