Write the Word or Phrase That Best Completes Each Statement

Essay

Write the word or phrase that best completes each statement or answers the question.
-Maria deposited $1500 in an independent retirement account at her bank. She earns 0.5% interest permonth on the balance. Each month, she deposits $100 in the account. Her balance each month after makinga $100 deposit, is given by the recursively defined sequence If she made the initial deposit on September 30, and makes each monthly deposit on the last day of the monhow much money will be in the account at the end of the year for Maria to count as a deduction for that yeafederal income taxes? That is, determine