document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1137106>Question 1137106</A>: <I><SPAN STYLE=\"word-break: break-all;\"> madison started a bank account with $200. each year, she earns 5% in interest, which means in the account is multiplied by 1.05 each year. \r<BR>\n" );
document.write( "\n" );
document.write( "a) what are the first three terms of this sequence?<BR>\n" );
document.write( "b) write an equation to represent this sequence.<BR>\n" );
document.write( "c) if madison does not withdraw money from her account, how much will she have in 10 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #854505 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(53878)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ikleyn><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=ikleyn><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=854505\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .<BR>\n" );
document.write( "madison started a bank account with $200. each year, she earns 5% in interest, which means in the account is multiplied by 1.05 each year. \r<BR>\n" );
document.write( "\n" );
document.write( "a) what are the first three terms of this sequence?<BR>\n" );
document.write( "b) write an equation to represent this sequence.<BR>\n" );
document.write( "c) if madison does not withdraw money from her account, how much will she have in 10 years?<BR>\n" );
document.write( "~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "As I read the problem, I understand it totally different from @addingup.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "@addingup interprets it as a simple interest rate account  &nbsp;&nbsp;<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=a%5Bn%5D ALIGN=MIDDLE  ALT=\"a%5Bn%5D\"   DISABLED_style= \"max-width:90%; height:auto;\" > = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=200%2A%281%2B0.05%2An%29 ALIGN=MIDDLE  ALT=\"200%2A%281%2B0.05%2An%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >,<BR>\n" );
document.write( "where 'n' is the counter of years.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "I interpret it as a compound interest account  &nbsp;&nbsp;<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=a%5Bn%5D ALIGN=MIDDLE  ALT=\"a%5Bn%5D\"   DISABLED_style= \"max-width:90%; height:auto;\" > = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=200%2A%281%2B0.05%29%5En ALIGN=MIDDLE  ALT=\"200%2A%281%2B0.05%29%5En\"   DISABLED_style= \"max-width:90%; height:auto;\" >.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "I think that the cause why we read it differently is that the original formulation is unsatisfactory.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "A good/accurate formulation should say \"which means that the current value of the account is multiplied by 1.05 each year.\"\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "As the problem is worded in the post, it forces me to think that it is created<BR>\n" );
document.write( "by a former English teacher, who suddenly decided to earn money as a Math composer.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );