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Author Question: Karen has a balance of on a department store credit card that charges interest per month on ... (Read 116 times)

nramada

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Solve.

Karen has a balance of on a department store credit card that charges interest per month on any unpaid balance. She can afford to pay toward the balance each month. Her balance each month, after making a payment, is given by the recursively defined sequence

B0 = $1000 Bn = 1.015Bn-1 - 150

Determine Karen's balance after making the first payment. That is, determine B1.


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Marked as best answer by nramada on Feb 28, 2021

ngr69

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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nramada

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Reply 2 on: Feb 28, 2021
Great answer, keep it coming :)


olderstudent

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Reply 3 on: Yesterday
Wow, this really help

 

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