AnswersMathematics for Data and Financial LiteracySimple Interest and Arithmetic Sequences

Simple Interest and Arithmetic Sequences — Quiz Answers

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3

Sherlyn has been tracking her savings account balances over the past few years. The balances recorded are $⁢150 , $⁢200 , $⁢250 , $⁢300 , $⁢350 , ... What is the formula for the arithmetic sequence that could represent these balances?

A
A sub n is equal to 100 plus 50 times open paren n minus 1 close paren
B
an=100⁢n
C
A sub n is equal to 150 plus 50 times open paren n minus 1 close paren
D
an=150⁢n

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