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Consider the sequence whose nth term is given by
where P is the principal,
is the account balance in dollars after n months, and r is the interest rate compounded annually. Find the sixth term of the sequence if
and
. Round your answer to two decimal places.
Segregation
The enforced separation of different racial groups in a country, community, or establishment, often resulting in the use of separate facilities and services.
Chief Justice
The highest-ranking judge in a supreme court, responsible for leading the judiciary and presiding over cases of the highest importance.
Brown versus Board of Education
A landmark 1954 United States Supreme Court case that declared state laws establishing separate public schools for black and white students to be unconstitutional, thereby overturning the "separate but equal" doctrine and significantly advancing the Civil Rights Movement.
Earl Warren
The 14th Chief Justice of the United States, known for landmark decisions on civil rights, including Brown vs. Board of Education.
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