Answer
${{\$}} 18,058.03$
Work Step by Step
$B_{0}=18,500$
$B_{1}=1.005B_{0}-534.47$
$B_{1}=1.005(18500)-534.47$
$={{\$}} 18,058.03$
College Algebra (10th Edition)
by Sullivan, Michael
Published by
Pearson
ISBN 10:
0321979478
ISBN 13:
978-0-32197-947-6
Chapter 9 - Section 9.1 - Sequences - 9.1 Assess Your Understanding - Page 648: 83
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