Victoria had $200 in her account at the end of one year. At the first of each subsequent year she deposits $15 into the account and earns 2% interest on the new balance, compounded annually. Which recursive formula represents the total amount of money in Victoria’s account at the end of the nth year?

Victoria had 200 in her account at the end of one year At the first of each subsequent year she deposits 15 into the account and earns 2 interest on the new bal class=

Respuesta :

Answer:

Answer:

A(t) = 200+15t(1+0.02)^{t}

Step-by-step explanation:

Since the interest is calculated on the new balance every year.

Hence the formula used for compound interest is:

A = P(1+^{nt}

where, A =Amount after t years

P =Principal amount

200 is the initial balance and Since, here the $15 is added to the balance each year. Therefore, P = 200+15t

r = rate each year (0.02)

t = time (in years) (t)

n = no. of times the interest is compounded in a year (n=1)

Therefore, the recursive formula is:

A(t) = 200+15t(1+0.02)^{t}

OR

answer:

d. 3 to the power of 2 multiplied by 1 whole over 4, the whole squared. = 3 to the power of 4 multiplied by 1 squared over 4 squared. = 81 over 16.  

step-by-step explanation:

this is an exercise in pemdas, the order of arithmetic operation:  

parentheses > exponents > multiplication and division > addition and subtraction.  

[(3² × 5⁰)/4]² = [(9 × 1)/4]² = (9/4)² = 81/16  

   3⁴ × 1²/4² = 81 × 1/16                 = 81/16  

a. is wrong. 3¹ × 1²/4² = 3 × 1/16 = 3/16

b. is wrong. [(3² × 0)/4]² = [(9 × 0)/4]² = (0/4)² = 0² = 0  

c. is wrong. [(3² × 0)/4]² = 0

Answer:

the answer is c

Step-by-step explanation:

because in the end she has $200 and she added $15 into her account, so you need to multiply her 2% interest because itll make the price higher.