Find the third iterate, x3, of the function f(x) = 3x + 5 for an initial value of x0 = 1.

Sagot :

x3 = 4 because x0 = 1 
f(4) = 3.4 + 5 = 17
I think so

The rate of inflation is 3%. The cost of an item in future years can be found by iterating the function c(x)=1.03x. Find the cost of a $1500 refrigerator in three years if the rate of inflation remains constant.

Select one:

a. $1645.00

b. $1545.00

c. $1639.09

d. $1539.99