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Elias buys a vintage concert shirt for $20 at a resale shop. He estimates that the shirt will increase in value by 15% per year. Which recursive formula can you use to find out how much (in dollars) the
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Elias buys a vintage concert shirt for $20 at a resale shop. He estimates that the shirt will increase in value by 15% per year. Which recursive formula can you use to find out how much (in dollars) the shirt will be worth in n years?

User Malisokan
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6.5k points

1 Answer

0 votes

Answer:

a1 = 20

an = (an – 1)(1.15)

Explanation:

:)

User FirstOne
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