Please explain to me how to convert this to closed form:
$$P_n = 1.75P_{n-1}, P_0=40.$$
And how to convert these into recursive form:
$$ \begin{align*} Y &= 5.4x-27, \\ Y &= 3800\cdot1.04^x. \end{align*} $$
Please explain to me how to convert this to closed form:
$$P_n = 1.75P_{n-1}, P_0=40.$$
And how to convert these into recursive form:
$$ \begin{align*} Y &= 5.4x-27, \\ Y &= 3800\cdot1.04^x. \end{align*} $$