Big Money Bank has an offer for new customers: if you deposit $5,000 in a savings account, you will earn 6.5% simple interest over the first 10 years. How much will be in the account after the 10-year period?

a_n = a_1 + (n - 1)d

the first term is 6.

the common difference d = ?

when you find d, replace n with 7 and d with the common difference to find your answer.

an = 22 + (n-1) *6

110 seats

step-by-step explanation:

an=a1+(n-1)(d)

a1 = 22   this is the first item in the sequence

d =6   this is how the sequence goes up

a)   an = 22 + (n-1) *6

b) a12 = 22 + (12-1) *6

    a12 = 22+11*6

  a12 = 22 +88

  a12 = 110