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A girl invested $6000 into account that earns 10% interest east each year. what is the recursive formula and explicit formula

A girl invested $6000 into account that earns 10% interest east each year. what is the recursive formula and explicit formula
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4 votes
A girl invested $6000 into account that earns 10% interest east each year. what is the recursive formula and explicit formula

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User Anand Gupta
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1 Answer

7 votes
6000 x 1.10 = $6,600 x No. years = recursive
6000 x 1.10^no of years = explicit formula.

answered
User Laureen
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8.7k points
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