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Mathematics 7 Online
OpenStudy (anonymous):

Series Question help please John opens a savings account with $80. John's mom will make a monthly deposit equal to 1/4 of the previous balance in the account and then 1/4 of her previous month's deposit each month thereafter. He thinks the balance will continue forever and doesn't have to save anymore money. Is he right? What is the value of the series determined by the monthly deposits?

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