Sequences and series can be used to approximate or model financial investments. We can use them to see how much an investment will increase or decrease over a certain amount of time. First, we can discuss some banking language that is used to describe how investments change over time. An investment's interest "compounds" every time money is added or taken out of an account. A percentage refers to the amount of increase or decrease of the investment. And the compounding period explains how often the interest is compounded in the investment. So saying a certain investment compounds monthly at a rate of 10%%" means that 10% of the current value of the investment is added to the investment total every month. Let's move on to creating equations to describe this increase. Let's give a new example and let you try to be creative mathematically to come up with your own way of finding the total amount of money at the end of a certain time period. Example: Given that a $100 investment compounds annually (once a year) and has a positive interest rate of 4%, discuss a method or write an equation that would find the value of the investment after 1 year. Give the answer as well if you can. Use the following space to do so