2. Connor deposits $200 into an account that earns 6% simple interest annually. a) Determine the amount of the investment after 1, 2, 3, 4, and 5 years. b) Identify the first term, a, and the common difference, d, of this arithmetic sequence. c) Write an equation to represent the nth term of this sequence. What is the significance of the nth term?
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b) Identify the first term, a, and the common difference, d, of this arithmetic sequence.
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