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Math Help - Pauline and her insurance scheme...

  1. #1
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    Pauline and her insurance scheme...

    Hi, was just wondering if anyone could help me with a few questions, had a look all through my notes and there doesn't seem to be anything that I can use in these situations (there probably is, but you know when you get stuck you just cant seem to think it through straight!)

    okay, so

    C2:
    6 The ammount of money which Pauline pays into and insurance scheme is recorded each day. The ammount which pauline pays in during the nth year is Aη. The first three values of Aη are given by:

    A1=800 A2=650 A3=530

    The recorded amounts may be modelled by a law of the form

    Aη+1=pAη+q

    Where p and q are constants
    a) Find the value of p and the value of q
    b) Find the limiting value V using and equation for V
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  2. #2
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    So, 650 = p*800 + q
    and 530 = p*650 + q

    What's next?
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  3. #3
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    Quote Originally Posted by TKHunny View Post
    So, 650 = p*800 + q
    and 530 = p*650 + q

    What's next?
    Okay so from there I can take the equation 530 = p*650 + q from 650 = p*800 + q, meaning that I will be left with just P=xyz, then sub p back into the original thank you very much!
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