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-Dominant- [34]
3 years ago
14

Jocelyn expects her new software company to increase its sales next year 2 3/4 times its present value. Write this increase as a

person
Mathematics
2 answers:
igor_vitrenko [27]3 years ago
4 0
You mean as a percent


Sloan [31]3 years ago
4 0
 your answer turning 2 3/4 into a percent is 2.75% 
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The sum of the first n terms of a geometric sequence is given by:

S_{n}=\frac{a_{1}(1-r^{n})}{1-2}

Using the known values:
S_{8}=\frac{6(1-0.5^{8})}{1-0.5}
S_{8}=\frac{6(1-0.00390625)}{0.5}
S_{8}=\frac{6(0.99609375)}{0.5}
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S_{8}=11.953125

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The quotient of r and 19
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