Find the 12th term of the sequence which has a first term of 14 and has a common ratio of 1.03
2 answers:
Answer:
.
Step-by-step explanation:
Given : sequence which has a first term of 14 and has a common ratio of 1.03.
To find :Find the 12th term of the sequence .
Solution : We have given first term of 14 and has a common ratio of 1.03.
Sum of n terms ( .
Where, a = first term , r = common ratio and n = number of terms .
Then, Plug the values a = 14 , r = 1.03 , n = 12.
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Therefore, .
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Answer:
James invested $160,000
Step-by-step explanation:
- In total, they needed $480,000 to start the business
- 1:2 ratio means one of them payed double the amount than the other
so the expression would be,
2x + x = 480,000
Let x represent how much they each need to invest
the expression can be simplified to,
3x = 480,000
now you need to get x alone, this would be done be dividing both sides by 3
James invest $160,000
Michael invest $160,000 x 2 = $320,000
and if you add them together, you get the total amount
$320,000 + $160,000 = $480,000
Let me know if you have any questions !