Which of the following is the explicit formula for a compound interest geometric sequence?

A. P_n=P_1· (1+i)^n-1
B. P_n=P_1· (1+i)^n+1
C. P_n=P_1· (1-i)^n+1
D. P_n=P_1· (1-i)^n-1

Question

18-06-2024
Mathematics

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Which of the following is the explicit formula for a compound interest geometric sequence?

A. P_n=P_1· (1+i)^n-1
B. P_n=P_1· (1+i)^n+1
C. P_n=P_1· (1-i)^n+1
D. P_n=P_1· (1-i)^n-1

Sagot :

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