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PLEASE PLEASE HELP QUICK

Yui makes a list of the balances in her savings account at the end of each month. She notices that each month’s total is 5% greater than the previous month’s total. She writes a recursive formula to describe the account balances.

Which value should she use as the common ratio?

0.05
0.5
1.05
5.0

User Farskeptic
by
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1 Answer

2 votes

Answer:

0.05

Explanation:

5%=5/100

5/100=5÷100

5÷100=0.05

User Ebrehault
by
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