Solve.Karen has a balance of 
on a department store credit card that charges 
interest per month on any unpaid balance. She can afford to pay 
toward the balance each month. Her balance each month, after making a 
payment, is given by the recursively defined sequence B0 = $1000 Bn = 1.015Bn-1 - 150Determine Karen's balance
after making the first payment. That is, determine B1.
Fill in the blank(s) with the appropriate word(s).
$865
Mathematics
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