You rent an apartment that costs $1700 per month during the first year but the rent is set to go up $70 per year. Write a recursive formula to show what the rent is during the nth year of living in the apartment

Answer 1

Let R(n) represent the rent in the nth year. The recursive formula can be written as:

R(n) = R(n-1) + $70

Where R(1) = $1700.