I am having some problem solving sequences in the form $x_k$, I have some notes about it however they skip over a lot of steps and I was hoping someone could help me clarify them!
Basically I start with the sequence:
$$x_{k+1}-4x_k+3x_{k-1}=0$$
Then what they say is to look for solutions of the form $x_k =l^k$ ,where $l$ is a constant to be determined.
They then say: Substituting in to the equation and cancelling $l^{k-1}$ we discover $l$ must satisfy the quadratic equation:
$l^2-4l+3=0$
But how on earth do they get this with that substitution? Could anyone shed any light on this? Thank you :)