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

1.05

Step-by-step explanation:

Given: 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.

Let the first term be =x.

Then the second term will be :-

Now, the common ratio will be given by :-

Therefore, the common ratio for the given problem will be :-

step-by-step explanation:

good job you smart son of a gun you are smarter that einstein. 7