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Alik [6]
3 years ago
15

Please help me out please

Mathematics
1 answer:
VMariaS [17]3 years ago
5 0

Answer:

\frac{8}{81}

Step-by-step explanation:

Since the sequence is geometric there is a common ratio r between consecutive terms.

r = \frac{1}{3} ÷ \frac{1}{2}

  = \frac{1}{3} × \frac{2}{1} = \frac{2}{3}

Multiplying \frac{4}{27} by r gives the next term in the sequence

\frac{4}{27} × \frac{2}{3} = \frac{8}{81}

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First we need to take a look at the bank account of Hakim. Hakim initially invested $700 in the bank with a 5% simple interest annually. Since Hakim waited for an entire year before buying the computer, he will then have the extra 5% interest from the bank.

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