Answer
1.1025
Work Step by Step
If we want to find the 20th term, we have to substitute $n$ by 20:
$a_{20}=(1+\frac{1}{20})^2=(1.05)^2=1.1025$
Elementary and Intermediate Algebra: Concepts & Applications (6th Edition)
by Bittinger, Marvin L.; Ellenbogen, David J.; Johnson, Barbara L.
Published by
Pearson
ISBN 10:
0-32184-874-8
ISBN 13:
978-0-32184-874-1
Chapter 14 - Sequences, Series, and the Binomial Theorem - 14.1 Sequences and Series - 14.1 Exercise Set - Page 894: 21
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