This is pretty simple once you think about it, you are probably just making it harder than it needs to be :) So, all you really have to do is plug in the numbers and see which statement is true. So, for the first one, you should work it out with me in the comments. Sorry lol I don't really like giving straight answers. lol
The answer is $4,320 because you would multiply 500 by 0.06 to get 30. Then since that monthly you would multiply that by 12. Then since it’s over 4 years the final answer is $4,320.
Answer:
-3
Step-by-step explanation:
The common ratio of a geometric sequence is the number that each term of the sequence is multiplied by. This means that the the previous term is multiplied by the common ratio to get the current term. The common ratio can also be used to create a function that can predict future terms.
To find the common ratio of this sequence, divide a term by the previous term. For example, -15/5. This gives the answer, -3. Dividing the terms allows us to figure out what factor is being multiplied by in the sequence.
