Question

Use the image to answer the question.

A savings account is opened with $15 and increases monthly by 20%. Complete the graph of the geometric sequence by labeling the points. Round all answers to the nearest hundredth, if necessary.

(2 points)
the graph starts at (0, 15) and goes up.

Answer 1

The n-th month amount is a_n = 15(1.2)^n. The points (rounded to the nearest hundredth) are:

- (0, 15.00)
- (1, 18.00)
- (2, 21.60)
- (3, 25.92)
- (4, 31.10)
- (5, 37.32)