Full backup every week, and daily backups every day.
Use 10 tapes, divided into 2 sets of 5 tapes each. Use each set for a week (so each set is used bi-weekly); then use a specific tape of the set for each day of the week. AS:
First week use set 1: tape 1 for Monday (full backup), tape 2 for Tuesday, tape 3 for Wednesday, tape 4 for Thursday, and tape 5 for Friday.
Second-week use set 2: tape 1 for Monday (full backup), tape 2 for Tuesday, tape 3 for Wednesday, tape 4 for Thursday, and tape 5 for Friday.
Rotate the sets every week.
This way each tape is used once every 2 weeks which makes their life expectancy longer.
Copy-only Backup. Independent of the regular sequence of SQL Server backups.
Data backup. A backup of data in a complete database (a database backup), a partial database (a partial backup), or a set of data files or filegroups (a file backup).
Database backup. Full database backups represent the whole database at the time the backup has finished.
Differential backup. A differential partial backup records only the data extents that have changed in the filegroups since the previous partial backup, known as the base for the differential.
Full backup. Data backup, and also enough logs to allow for recovering that data.
Log backup. A backup of transaction logs that includes all log records that were not backed up in a previous log backup.
File backup. A backup of one or more database files or filegroups.
Partial backup. Contains data from only some of the filegroups in a database, including the data in the primary filegroup, every read/write filegroup; and any optionally-specified read-only files.