Answer:
[tex]a_n = 275(1.02)^{n - 1} [/tex]
Step-by-step explanation:
The geometric sequence is given explicitly by the formula:
[tex]a_n = a(r)^{n - 1} [/tex]
In the first month, Monique had $275 in her account.
[tex] \implies \: a = 275[/tex]
After the sixth month, she had $303.62 in her account.
[tex]a_6 = 303.62[/tex]
[tex] \implies \: a {r}^{5} = 303.62[/tex]
We solve for r,
[tex] \frac{a {r}^{5} }{a} = \frac{303.62}{275} [/tex]
[tex] \implies \: r = ( \frac{303.62}{275} )^{ \frac{1}{5} } = 1.02[/tex]
We fix everything back into the original formula to get:
[tex]a_n = 275(1.02)^{n - 1} [/tex]