Compute recurrence relation-number of ways to form postage
The vending machine distributes 4-cent, 6-cent, and 10-cent stamps.
i) Determine the recurrence relation for number of ways to form postage of n cents if order of stamps matters.
ii) How many ways are there to put 16-cents postage on the envelope?
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A company is willing to renew its advertising contract with local radio station if the station can prove that more than 17% of residents of the city have heard the ad and recognize the companies product. The station contacts 600 people at the rand
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The vending machine distributes 4-cent, 6-cent, and 10-cent stamps. Determine the recurrence relation for number of ways to form postage of n cents if order of stamps matters.
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You're planned to make monthly payments of $200, starting at the end of the month, into the account which pays 10% interest compounded monthly. How many payments will have made when the account balance reaches $55,000?
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