Question:

Aubree invested $1200 in an account that pays 4.5% interest

Last updated: 7/19/2022

Aubree invested $1200 in an account that pays 4.5% interest

Aubree invested $1200 in an account that pays 4.5% interest compounded annually. Assuming no deposits or withdrawals are made, write a recursive formula that represents the amount of money Aubree has in the account n years after her initial investment.