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Select the correct answer.

Each month, Barry makes three transactions in his checking account:
- He deposits [tex]$\$ 700$[/tex] from his paycheck.
- He withdraws [tex]$\$ 150$[/tex] to buy gas for his car.
- He withdraws [tex]$\$ 400$[/tex] for other expenses.

If his account balance is [tex]$\$ 1,900$[/tex] at the end of the 1st month, which recursive equation models Barry's account balance at the end of month [tex]$n$[/tex]?

A. [tex]f(1)=1,900[/tex]
[tex]f(n)=f(n-1)-150[/tex], for [tex]n \geq 2[/tex]

B. [tex]f(1)=1,900[/tex]
[tex]f(n)=f(n-1)+700[/tex], for [tex]n \geq 2[/tex]

C. [tex]f(1)=1,900[/tex]
[tex]f(n)=f(n-1)+150[/tex], for [tex]n \geq 2[/tex]

D. [tex]f(1)=1,900[/tex]
[tex]f(n)=150 \cdot f(n-1)[/tex], for [tex]n \geq 2[/tex]

Answer :

Barry makes three transactions each month on his checking account:

1. He deposits \[tex]$700.
2. He withdraws \$[/tex]150 for gas.
3. He withdraws \[tex]$400 for other expenses.

To find the net change in his balance for each month, we compute:

$[/tex][tex]$
700 - 150 - 400 = 150.
$[/tex][tex]$

This means that every month his balance increases by \$[/tex]150. Given that his account balance is \[tex]$1900 at the end of the first month, we can model this situation with the following recursive formula:

$[/tex][tex]$
f(1)=1900
$[/tex][tex]$

$[/tex][tex]$
f(n)=f(n-1)+150\quad \text{for } n\geq 2.
$[/tex][tex]$

This recursive equation captures that each month the balance is increased by \$[/tex]150 from the previous month’s balance.

Therefore, the correct option is the one that states:

[tex]$$
f(1)=1900,\quad f(n)=f(n-1)+150\quad \text{for } n \geq 2.
$$[/tex]

This corresponds to Option C.

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