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Mathematics, 01.07.2019 05:00 catycrist

Plz plz pam had a certain amount of money in her checking account at the beginning of the year. at the end of each month she deposits enough money to double the amount currently in her account. pam also has a loan to pay each month, so immediately after her deposit she withdraws $100 from the account. given that january is the first month, which explicit formula defines the amount of money in pam’s account at the end of the nth month, p(n)? a) p(n) = 2p(n + 1) + 100 n ≥ 2 b) p(n) = 2p(n + 1) − 100 n ≥ 2 c) p(n) = 2p(n − 1) + 100 n ≥ 2 d) p(n) = 2p(n − 1) − 100 n ≥ 2 2) if pam had $500 left in her account at the end of april, how much did she have at the end of january? a) $50 b) $100 c) $150 d) $200

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