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Mathematics, 18.03.2021 01:50 nonispn606

Suppose a company reported revenues for a four-year time span as follows: $300,000; $324,000; $349,920; $377,913.60

Model this sequence recursively.

Q1 = 300,000;Δ…, = 1.08(Qy-)

a, = 300,000(1.08)-1

ay = 300,000+24,000(»–1)

4.

Qy = 300,000, a, = ,-1+24,000

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