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Mathematics, 20.03.2020 22:21 Shamiyah732

Yui makes a list of the balances in her savings account at the end of each month. She notices that each month’s total is 5% greater than the previous month’s total. She writes a recursive formula to describe the account balances.
Which value should she use as the common ratio?

0.05
0.5
1.05
5.0

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