A204588 Nearest integer to 100*1.08^n.

100, 108, 117, 126, 136, 147, 159, 171, 185, 200, 216, 233, 252, 272, 294, 317, 343, 370, 400, 432, 466, 503, 544, 587, 634, 685, 740, 799, 863, 932, 1006, 1087, 1174, 1268, 1369, 1479, 1597, 1725, 1863, 2012, 2172, 2346, 2534, 2737, 2956, 3192, 3447, 3723, 4021

Offset

0,1

Comments

Illustrates the growth of a bank account with initial deposit of $100 and 8% of interest per year.

Links

Table of n, a(n) for n=0..48.

Mathematica

Round[#]&/@NestList[(108/100)*#&, 100, 50] (* Harvey P. Dale, Dec 29 2013 *)

Crossrefs

Cf. A204581 - A204590.

Sequence in context: A128818 A204586 A204587 * A369636 A352440 A204589

Adjacent sequences: A204585 A204586 A204587 * A204589 A204590 A204591

Keyword

nonn,easy

Author

M. F. Hasler, Feb 13 2012

Status

approved