The sequence looks like this:
$e_0 = 2$
$e_1 = 4(e_{1-1}) + 5 = 13$
$e_2 = 4(e_{2-1}) + 5 = 57$
$e_3 = 4(e_{3-1}) + 5 = 233$
$e_4 = 4(e_{4-1}) + 5 = 937$
How would I go about finding the explicit formula for this? For something a little simpler it's fairly easy to make a guess, and I've been told that 'guessing' is exactly how one is supposed to find the formula. However, I'm a little stumped on this.
A general approach to deal with recurring sequences of the form $$u_{n+1} = au_n +b$$
if $a = 1$, it's an arithmetic progression.
otherwise, let $r=\frac{b}{1-a}$. Consider $v_n = u_n -r$. we have $$ v_{n+1} = u_{n+1} - r = au_n+b - r = a(v_n + r) + b - r = a v_n $$ and $(v_n)_n$ is a geometric progression. You can then get the closed form for $v_n$, and $u_n = v_n + r$ will give you that of $u_n$.