<s>[INST] last 2 digits of a sequence $x+\frac{1}{x} = 3$, what are the last 2 digits of  $x^{2^{2013}}+\frac{1}{x^{2^{2013}}}$?
Getting the next value, we have to square then subtract by 2, I am clueless in getting to the next step 
 [/INST] Definitely you see the pattern : $x^{2m} + \frac 1{x^{2m}} = \left(x^m + \frac 1{x^m}\right)^2 - 2$ for all $m \geq 1$.
So, if the value at $m = 1$ is $3$,  then the value at $m=2$ is $3^2 - 2 = 7$, at $m=4$ is $7^2 - 2 = 47$ etc.
Since we are only looking at the last two digits of the number, it is also enough to track the last two digits of the number at each point of time, and see if there is any cycle.
However, a cycle is already visible : at $m = 8$, we get $47^2 = 2209 - 2 = 22\color{blue}{07}$, so the last two digits are $07$. For $m=16$, we will again get $(07)^2 - 2 = 47$.
Therefore, the last two digits of the number $x^{2^n} + \frac 1{x^{2^n}}$ for $n = 1,2,3,...$ looks like : $03,07,47,07,47,07,47,...$
So now, it should be obvious which term appears at $n=2013$.
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