(a) Explanation Given information: An investment of 10 , 000 dollar is originally I invested in a mutual fund. After 10 year, the yearly return averaged approximately 7%. The balance on the account is given by b n = 10 , 000 ( 1.07 ) n . The given expression is b n = 10 , 000 ( 1.07 ) n First term of the sequence, b 0 = 10 , 000 ( 1.07 ) 0 = 10 , 000 ⋅ 1 = 10 , 000 Second term of the sequence, b 1 = 10 , 000 ( 1 (b) To determine The value of b 3 from the expression b n = 10 , 000 ( 1.07 ) n . (c) To determine The amount in the account after 10 year, if the provided the expression is b n = 10 , 000 ( 1.07 ) n .

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ISBN: 9781266511486

Author: Miller

Publisher: MCG

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Sequence and Series

A sequence is defined as a collection of things. Series is defined to sum the things one by one in the sequence. It was invented by German mathematician Carl Friedrich Gauss.

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Chapter 14, Problem 51RE

(a)

To determine

The first three terms of the sequence of term bn=10,000(1.07)n.

(b)

To determine

The value of b3 from the expression bn=10,000(1.07)n.

(c)

To determine

The amount in the account after 10 year, if the provided the expression is bn=10,000(1.07)n.

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Chapter 14, Problem 50RE

Chapter 14, Problem 1T

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Chapter 14 Solutions

BEGINNING+INTER.ALG.(LL)

Ch. 14.1 - Prob. 1SP Ch. 14.1 - Prob. 2SP Ch. 14.1 - Evaluate the expressions. 3. 1! Ch. 14.1 - Prob. 4SP Ch. 14.1 - Prob. 5SP Ch. 14.1 - Prob. 6SP Ch. 14.1 - Write out the first three terms of ( x + y ) 5 .Ch. 14.1 - 8. Use the binomial theorem to expand . Ch. 14.1 - Use the binomial theorem to expand ( 2 a − 3 b 2 )...Ch. 14.1 - Find the fourth term of ( x + y ) 8 .

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The first three terms of the sequence of term b n = 10 , 000 ( 1.07 ) n .

Solution Summary: The author determines the first three terms of the sequence of b_n=10,000(1.07).

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The first three terms of the sequence of term bn=10,000(1.07)n.

The value of b3 from the expression bn=10,000(1.07)n.

The amount in the account after 10 year, if the provided the expression is bn=10,000(1.07)n.

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Chapter 14 Solutions