Chapter 8: Problem 16
Write a recursive rule for the sequence. $$ 1,8,15,22,29, \ldots $$
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Chapter 8: Problem 16
Write a recursive rule for the sequence. $$ 1,8,15,22,29, \ldots $$
These are the key concepts you need to understand to accurately answer the question.
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CRITICAL THINKING The expressions \(3-x, x\), and \(1-3 x\) are the first three terms in an arithmetic sequence. Find the value of \(x\) and the next term in the sequence.
On January 1, you deposit $$\$ 2000$$ in a retirement account that pays \(5 \%\) annual interest. You make this deposit each January 1 for the next 30 years. How much money do you have in your account immediately after you make your last deposit?
In Exercises 23-30, write a rule for the \(n\)th term. Then graph the first six terms of the sequence. $$ a_5=3, r=-\frac{1}{3} $$
Let \(L\) be the amount of a loan (in dollars), \(i\) be the monthly interest rate (in decimal form), \(t\) be the term (in months), and \(M\) be the monthly payment (in dollars). a. When making monthly payments, you are paying the loan amount plus the interest the loan gathers each month. For a 1-month loan, \(t=1\), the equation for repayment is \(L(1+i)-M=0\). For a 2-month loan, \(t=2\), the equation is \([L(1+i)-M](1+i)-M=0\). Solve both of these repayment equations for \(L\). b. Use the pattern in the equations you solved in part (a) to write a repayment equation for a \(t\)-month loan. (Hint: \(L\) is equal to \(M\) times a geometric series.) Then solve the equation for \(M\). c. Use the rule for the sum of a finite geometric series to show that the formula in part (b) is equivalent to $$ M=L\left(\frac{i}{1-(1+i)^{-t}}\right) . $$ Use this formula to check your answers in Exercises 57 and 58.
Solve the equation. Check your solution. $$ 2 \sqrt{x}-5=15 $$
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