Answer
$a_n=1000(1.005)^{n-1}$
$a_{60}=1342.14$
Work Step by Step
$a_n=a_1r^{n-1}$
$a_n=1000(1.005)^{n-1}$
$a_{60}=1000(1.005)^{60-1}=1000(1.005)^{59}=1342.14$
Algebra and Trigonometry 10th Edition
by Larson, Ron
Published by
Cengage Learning
ISBN 10:
9781337271172
ISBN 13:
978-1-33727-117-2
Chapter 11 - 11.3 - Geometric Sequences and Series - 11.3 Exercises - Page 795: 32
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