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Mathematics, 23.12.2019 09:31 znation1324

Rita has deposited $1000 in a bank account. at the end of each year, the bank posts interest to her account in the amount of 5% of the balance, but then takes out a $10 annual fee.

let bo be the amount rita deposited. write a recursive equation for the balance.

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Rita has deposited $1000 in a bank account. at the end of each year, the bank posts interest to her...
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