Answer:
SI = $1,200 ; A = $6,200
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 3%/100 = 0.03 per year,
then, solving our equation
I = 5000 × 0.03 × 8 = 1200
I = $ 1,200.00
The simple interest accumulated
on a principal of $ 5,000.00
at a rate of 3% per year
for 8 years is $ 1,200.00.
15, 26, 48, 92, 180
26 - 15 = 13
48 - 26 = 22
92 - 48 = 44
180 - 92 = 88
26 ÷ 15 = 1.73
48 ÷ 26 = 1.84
92 ÷ 48 = 1.9167
180 ÷ 92 = 1.95
The recursive formula isn't arithmetic or geometric.
Yes. It is a Geometric sequence!
Common ratio = a2/a1 = 12/6 = 2
In short, Your Answer would be Option A
Hope this helps!
