Find the First Term, the Common Difference, and Give a Recursive

question 101

Multiple Choice

Find the first term, the common difference, and give a recursive formula for the arithmetic sequence.
-6 th term is $- 17 ; 15$ th term is $- 53$

• A) \(a _ { 1 } = 3 , d = - 4 , a _ { n } = a _ { n - 1 } - 4\)
• B) \(a _ { 1 } = 3 , d = 4 , a _ { n } = a _ { n - 1 } + 4\)
• C) \(a _ { 1 } = 7 , d = 4 , a _ { n } = a _ { n - 1 } + 4\)
• D) \(a _ { 1 } = 7 , d = - 4 , a _ { n } = a _ { n - 1 } - 4\)

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Same Day Value

A banking term indicating that a fund transfer or transaction will be credited or debited with its value dated the same day the instruction is received.

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How effortlessly an asset can be turned into cash without altering its market price.