n ∈ natural even numbers
Step-by-step explanation:
1 + 3 + 5 + 7 + … + (2n-1)
sum of the first n terms :
Sₙ = n/2(a + Uₙ)
Sₙ = n/2(1 + 2n - 1)
Sₙ = n/2(2n)
Sₙ = n²
∴ so, the solution of n is all natural even numbers
Answer:
$3,090.64
Step-by-step explanation:
We shall allocate a random letter to each value, with that I explain the formula.
Initial value of investment = $5,003.86 = P
Rate of interest = 3.7% = R
Compounding interval in a year = 365 = I
Total period = 13 years = T
Value of investment in compound interest formula shall be:

Now, putting values in the above equation:

= $8,094.50
Thus, interest earned = Total value of investment on maturity - Initially invested amount
= $8,094.50 - $5,003.86 = $3,090.64
Answer:
Step-by-step explanation: