If shoes are $20 each and the markup is 150%, how much will that cost?
1 answer:
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Answer:
Step-by-step explanation:
The nth term for the geometric sequence is given by:
where,
is the first term
r is the common ratio
n is the number of terms.
As per the statement:
For the geometric sequence of and r=2
We have to find
for n = 5;
Substitute the given values we have;
⇒
Therefore, the value of is, 32