The explicit rule for the sequence in simplified form is y = 30000(2)^n
<h3>How to write the exponential function</h3>
The standard exponential equation is expressed as:
y = ab^n
Given the following parameters
a is the initial values = 30,000
If the amount doubles each year then b = 2
Substitute the parameters
y = 30000(2)^n
Hence the explicit rule for the sequence in simplified form is y = 30000(2)^n
Learn more on explicit rule here: brainly.com/question/2059043