Write the First Five Terms of the Sequence Defined Recursively $n$

question 95

Multiple Choice

Write the first five terms of the sequence defined recursively. Use the pattern to write the $n$ th term of the sequence as a function of $n$ . (Assume that $n$ begins with 1.)
$$a _ { 1 } = 21 , a _ { k + 1 } = a _ { k } - 5$$

• A) \(a _ { n } = 26 - 5 n\)
• B) \(a _ { n } = 21 - 5 n\)
• C) \(a _ { n } = 31 - 5 n\)
• D) \(a _ { n } = 26\)
• E) \(\quad a _ { n } = 21 ( n - 1 )\)

Recognize the role of commercial banks in the economy, including lending and profit generation.

Identify the challenges and potential issues associated with fiat money compared to commodity money.

Understand the principles of capital budgeting and the importance of cash flow over accounting profit.

Learn the concept of incremental cash flows, including working capital adjustments and cannibalization effects.

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