Explicit to Recursive Formula

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I've spent the day trying to figure out how to make this particular explicit formula recursive, and come up empty.

$v(t)=(0.98^t-1)\times3.92$

None of my searches helped me in converting this type of equation, that or I wasn't able to connect the dots. So could someone show me how to make this formula recursive, or at least show me how to do it myself?