What is the 8th term in the sequence? 1, 2, 4, 7

29

explanation: you add 1 to get 2, you then add 2 to get 4, then 3 to get to 7, then 4 to get to 11, then 5 to get to 16, then 6 to get to 22, then 7 to get to 29

this is the formula: v = the value of investment at the end of the time period

p = the principal amount (the initial amount invested)

r = the annual interest rate

n = the annual frequency of compounding (how many times a year interest is added)

t = the number of years the money is invested

^ means raise to the power of

you need to add a picture