We appreciate your visit to 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. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
Let's solve this step-by-step to find the correct recursive equation for Barry's account balance at the end of month [tex]\( n \)[/tex].
1. Initial Balance:
- At the end of the 1st month, Barry's account balance is [tex]$1,900.
- This can be modeled with \( f(1) = 1,900 \).
2. Monthly Transactions:
- Barry deposits $[/tex]700 from his paycheck.
- He withdraws [tex]$150 to buy gas.
- He withdraws another $[/tex]400 for other expenses.
3. Net Monthly Change:
- To find the net change in his account each month, we calculate the total money coming in and going out:
- Total deposits: [tex]$700
- Total withdrawals: $[/tex]150 (gas) + [tex]$400 (other expenses) = $[/tex]550
- Net monthly change: [tex]$700 (deposits) - $[/tex]550 (withdrawals) = [tex]$150
4. Recursive Equation:
- Each month, the balance increases by this net change of $[/tex]150.
- Therefore, a recursive equation to model this is:
[tex]\[
f(n) = f(n-1) + 150, \text{ for } n \geq 2
\][/tex]
- This equation means that to get the balance for month [tex]\( n \)[/tex], you take the balance from the previous month [tex]\( f(n-1) \)[/tex] and add [tex]$150 to it.
5. Correct Answer:
- Given the choices:
- (A) and (B) suggest different additions or subtractions.
- (C) involves multiplication, which is not the correct operation.
- (D) suggests a \( -150 \), which doesn’t match our calculated net change.
- None of the listed options directly match our derived equation, but option A has a similar format, indicating a technical discrepancy in options. In a typical setting, ensuring the correct equation structure and understanding would be important.
In conclusion, based on the calculations, if correctly recognizing $[/tex]150 as the net change: the closest initial intention was:
[tex]\[
f(n) = f(n-1) + 150, \text{ for } n \geq 2
\][/tex]
1. Initial Balance:
- At the end of the 1st month, Barry's account balance is [tex]$1,900.
- This can be modeled with \( f(1) = 1,900 \).
2. Monthly Transactions:
- Barry deposits $[/tex]700 from his paycheck.
- He withdraws [tex]$150 to buy gas.
- He withdraws another $[/tex]400 for other expenses.
3. Net Monthly Change:
- To find the net change in his account each month, we calculate the total money coming in and going out:
- Total deposits: [tex]$700
- Total withdrawals: $[/tex]150 (gas) + [tex]$400 (other expenses) = $[/tex]550
- Net monthly change: [tex]$700 (deposits) - $[/tex]550 (withdrawals) = [tex]$150
4. Recursive Equation:
- Each month, the balance increases by this net change of $[/tex]150.
- Therefore, a recursive equation to model this is:
[tex]\[
f(n) = f(n-1) + 150, \text{ for } n \geq 2
\][/tex]
- This equation means that to get the balance for month [tex]\( n \)[/tex], you take the balance from the previous month [tex]\( f(n-1) \)[/tex] and add [tex]$150 to it.
5. Correct Answer:
- Given the choices:
- (A) and (B) suggest different additions or subtractions.
- (C) involves multiplication, which is not the correct operation.
- (D) suggests a \( -150 \), which doesn’t match our calculated net change.
- None of the listed options directly match our derived equation, but option A has a similar format, indicating a technical discrepancy in options. In a typical setting, ensuring the correct equation structure and understanding would be important.
In conclusion, based on the calculations, if correctly recognizing $[/tex]150 as the net change: the closest initial intention was:
[tex]\[
f(n) = f(n-1) + 150, \text{ for } n \geq 2
\][/tex]
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