Question: Find the value of u1, u2, and u3. Identify the type of sequence (arithmetic, geometric, or shifted geometric) and tell whether it is increasing or
Find the value of u1, u2, and u3. Identify the type of sequence (arithmetic, geometric, or shifted geometric) and tell whether it is increasing or decreasing.
a. u0 = 16
un = (1 - 0.05)un -1 + 16 where n ≥ 1
b. u0 = 800
un = (1 - 0.05)un -1 + 16 where n ≥ 1
c. u0 = 50
un = (1 - 0.10)un -1 where n ≥ 1
d. u0 = 40
un = (1 - 0.50)un -1 + 20 where n ≥ 1
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