The stock of a particular company skyrocketed 1.550% in a one month period. Write this percent as a decimal and as a mixed numbe
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Answer:
= 9
Step-by-step explanation:
Note there is a common ratio r between consecutive terms of the sequence, that is
r = 18 ÷ 2 = 162 ÷ 18 = 1458 ÷ 162 = 13122 ÷ 1458 = 9
A recursive formula allows a term in the sequence to be found by multiplying the previous term by the common ratio, that is
= 9
with a₁ = 2