SOLUTION: Olivia has saved $600 in an account she decides to withdraw $30 each month. Recursive formula: Explicit formula: Thanks so much! I appreciate it! Taylor

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Question 1094056: Olivia has saved $600 in an account she decides to withdraw $30 each month.
Recursive formula:
Explicit formula:
Thanks so much! I appreciate it!
Taylor

Answer by ikleyn(52781) About Me  (Show Source):
You can put this solution on YOUR website!
.
It is about an arithmetic progression.

Read these introductory lessons on arithmetic progressions
    - Arithmetic progressions
    - The proofs of the formulas for arithmetic progressions
    - Problems on arithmetic progressions
    - Word problems on arithmetic progressions
in this site, and you will learn everything you need to solve these and many other similar problems.