To get -2 from 2, you would multiple by -1.
To get 2 from -2, you also would multiple by -1.
Ad infinitum.
So the common ratio is -1.
Hope this helps.
Answer:
The exact answer is 16.6666666667. Rounded would be about 17.
Step-by-step explanation:
Hope i was right and this helped!
Account 1 : y = 2500(1.078)x
account 2 : y = 2500 + 300x
after the second year a1 exceeds a2
after 2 years, a1 = 5390
after 2 years , a2 = 3100
Hi
Let's call X the amount in the beginning.
we have X*1.03^6 = 1819.77
X = 1819.77 / 1.03^6
X ≈ 1524.03