\( \definecolor{colordef}{RGB}{249,49,84} \definecolor{colorprop}{RGB}{18,102,241} \)
Suppose I deposit \(\dollar 100\) in a savings account. Each year, my amount is multiplied by \(1.1\) (that is, it increases by \(10\pourcent\) each year).
Let \(u_n\) be the amount of money in the account after \(n\) years. What are the first three terms of the sequence \((u_n)\)?
  • \(u_0 =\)
    dollars
  • \(u_1 =\)
    dollars
  • \(u_2 =\)
    dollars
What is its recursive rule?
\(u_{n+1}=\)