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22 September, 09:08

Victoria had $200 in her account at the end of one year. At the first of each subsequent year she deposits $15 into the account and earns 2% interest on the new balance. Which recursive formula represents the total amount of money in the bank?

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  1. 22 September, 12:58
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    0.02*15x+200 then plug in the x which would be how many times she deposited.
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