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Need help with the recursive equation and how to think, im all out of ideas here.

1123.6 is what im guessing, dont quote me lol

what?

don't give out an answer. 0_o

and im pretty sure its wrong

so the annuity is 20$ and the intrest is compounded monthly for 4 years

the first thing you would do is get the intrest plus the principle

and then add 20 for 4 years

@IrishBoy123 do you anything about recursive equations?

Example 2.2 looks a bit like yours

\[C _{1}=24.53\]

and the solution we are looking for is
\[Y _{n}=(24.52*n+408.77)*1.06-333\]

and I ment that A must be equal to 333.3

@IrishBoy123 check this out now

seems *slightly* out. and i would expect to see a \(1.06^n\) in there for sure to get the compounding
have put them in a spreasdheet - attached for checking pruposes

ouch, might be annual 6% so 6/12 monthly.....

this is what i mean by exponents....
https://gyazo.com/8e485926c771572c6f243e742837f94d

oops forgot the exponent over r in the formula!

he should have 6786.36 dollars after 4 years?