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A Sequence Is Defined Recursively as Follows a0=2 and ak=4ak1+1 for all k1.a _ { 0 } = 2 \quad \text { and } \quad a _ { k } = 4 a _ { k - 1 } + 1 \quad \text { for all } k \geq 1 .

question 25

Essay

A sequence is defined recursively as follows: a0=2 and ak=4ak1+1 for all k1.a _ { 0 } = 2 \quad \text { and } \quad a _ { k } = 4 a _ { k - 1 } + 1 \quad \text { for all } k \geq 1 .
It is proposed that an explicit formula for this sequence is an=74n13a _ { n } = \frac { 7 \cdot 4 ^ { n } - 1 } { 3 }
Use mathematical induction to check whether this proposed formula is correct.


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Contribution Margin

The amount by which a product's sales price exceeds its total variable costs, used to cover fixed costs and generate profit.

Variable Costing

Variable costing is an accounting method that includes only variable production costs in the cost of goods sold and inventory valuation.

Net Income

This is the total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue.

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