Question: The table below shows investment balances over time. a. Write a recursive formula that generates the balances in the table. b. What is the annual

The table below shows investment balances over time.

a. Write a recursive formula that generates the balances in the table.
b. What is the annual interest rate?
c. How many years will it take before the original deposit triples in value?

Elapsed time lyr) Balance (S) 2000 2170 2354.45 2554.58

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