The principal is 2200.00 and the rate of interest is 7% what is the final account balance after two years

2508

Step-by-step explanation:

We are given that

Principal ,P=2200

Rate of interest, r=7%

Time, t=2 year

We have to find the final account balance after two years.

Using the formula

Amount=P+S.I

Amount=2200+308

Amount=2508

Hence,  the final account balance after two years=2508

d≈7.07in

step-by-step explanation:

, and

for

step-by-step explanation:

we can analyze the pattern at which the terms increase. let us denote , , , so that we can call

note the following:

the pattern: to get the next term value, we just add the next term number (e.g. 1st, 2nd, to the previous term value (term values are the given numbers in the question, 1, 3, 6, 10, 15,

from , to get to , we add

from , to get to , we add

etc.

we need to form a recursive formula, a formula that has the next term as a function of the previous term. so a possible recursive formula can be

, and for