City Guilds Model Questions Vol1 2019 Information Technology Question 30
Practice objective / multiple choice question 30 from the 2019 City Guilds Model Questions Vol1 Information Technology examination.
In a spreadsheet, monthly sales \(S_n\) follow the recurrence \(S_n = 1.05\,S_{n-1} + 2000\) for \(n \ge 2\), with the initial value \(S_1 = 10{,}000\). Using the spreadsheet's calculation capability, determine the sales figure for month 6. Present your answer rounded to two decimal places.
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About This Question
This is City Guilds Model Questions Vol1 2019 Information Technology Question 30. It is one of the objective questions from the 2019 City Guilds Model Questions Vol1 Information Technology examination.
Difficulty level: Medium .
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