Question: Knowledge and Understanding (at Marks) 1. Write the words given their definitions: Word Definition every 6 months type of sequence with a common ratio principal

 Knowledge and Understanding (at Marks) 1. Write the words given their

Knowledge and Understanding (at Marks) 1. Write the words given their definitions: Word Definition every 6 months type of sequence with a common ratio principal to be invested to achieve a specific amount in the future expression of the sum of the terms of a sequence money earned in an investment based only on the principal a set of payments made at regular intervals an expression for finding terms of a sequence based on previous terms interval of time when interest is calculated 2. Write the recursive formula of the Fibonacci sequence and state the first 10 terms. ( 3. Fill out the following table: annual rate number of years n Quarterly 8% 10 Monthly 0.04 60

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