Question

Davis saved $1000 and then found a savings account that will give him 10% interest per year.

Represent the money in his account after n years.
1) Arithmetic or Geometric:
2) Common difference/ratio:
3) Recursive Formula:
4) Explicit Formula:

Answer 1

1000x0.1=n

Explanation:

first year he had 1000

second year they times the 1000 by .1 because thats ten percent