Ask Question
21 December, 23:45

Mario deposits $300 in a savings account over the course of a year. He deposits money into the account throughout t next year until his balance is doubled. The next year he does the same and deposits money into the account until his previous year's balance is doubled Assume that this trend continues and his account does not earn interest. Consider his initial balance to be year one. what explicit formula can be used to determine the balance of his savings account at the end of n years?

+3
Answers (1)
  1. 22 December, 03:06
    0
    The answer is an=2⋅ 300^n-1.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Mario deposits $300 in a savings account over the course of a year. He deposits money into the account throughout t next year until his ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers