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Mathematics, 02.01.2020 10:31 yungkxng57

Martina opens a savings account with an initial deposit and
makes no other deposits or withdrawals. she earns interest
on her initial deposit. the total amount of money in her
savings account at the end of each year is represented by
the sequence shown.
100, 105, 110.25,
which recursive formula can be used to determine the total
amount of money earned in any year based on the amount
earned in the previous year?
fin + 1) = f(n) + 5
f(n + 1) = 5f(n)
f(n + 1) = 1.05f(n)
fin + 1) = 0.05f(n)

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Answers: 3

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Martina opens a savings account with an initial deposit and
makes no other deposits or withdra...
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