Question

NEED HELP!! THX! please answer part b, I already have part a.

Answer 1

Answer:

See below ~

Step-by-step explanation:

• 3.25% is the interest rate, meaning it won't be constant, but a coefficient of the function
• $15,000 is a constant as the interest gets added to it

The function can be written as :

• aₙ₊₁ = 0.325aₙ + 15000