For Exercises 5 and 6, use the following information. Rita has deposited $1000 in a bank

Chapter 11, Problem 5

(choose chapter or problem)

For Exercises 5 and 6, use the following information. Rita has deposited $1000 in a bank account. At the end of each year, the bank posts 3% interest to her account, but then takes out a $10 annual fee. 5. Let b 0 be the amount Rita deposited. Write a recursive equation for the balance b n in her account at the end of n years

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