hard · GMAT Quant
A financial risk model generates a sequence of ratio indicators R_n defined by R_1 = 1, R_2 = 3, and R_n = (2 R_n-1 + R_n-2) pmod4 for all integers n ≥ 3.
What is the value of R_103?
- 3
- 1
- 0
- 2
- 4
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