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Mathematics, 17.04.2020 01:57 michaelponderjr2515

Suppose you put $100 in a bank account that pays 8% interest compounded at the end of each year. Find a recurrence for the balance of your account after n years and solve the recurrence. How much will you have in your account after 10 years

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Suppose you put $100 in a bank account that pays 8% interest compounded at the end of each year. Fin...
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