Suppose you deposit 10000 into an account earning 35


Suppose you deposit $10,000 into an account earning 3.5% interest compounded quarterly. After n quarters the balance in the account is given by the formula:

a) Each quarter can be viewed as a term of a sequence. List the first 5 terms.

b) Identify the type of sequence this is. Explain.

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Dissertation: Suppose you deposit 10000 into an account earning 35
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