1 Year: 19
2 Years: 9.50
3 Years: 4.75
4 Years: 2.38 (2.375, but rounded)
Answer: 11/24
Convert 3/8 to 9/24
Convert 1/12 to 2/24
Add them together to get 11/24
If I did a poor job explaining I can help more in the comments.
The ratio of the geometric sequence 40
is 2.
Given that geometric sequence is 40*
and we have to find the common ratio of all the terms.
Geometric sequence is a sequence in which all the terms have a common ratio.
Nth termof a GP is a
in which a is first term and r is common ratio.
Geometric sequence=40*
We have to first find the first term, second term and third term of a geometric progression.
First term=40*
=40*
=40*1
=40
Second term=40*
=40*
=40*2
=80
Third term=40*
=40*
=40*4
=160
Ratio of first two terms=80/40=2
Ratio of next two terms=160/80=2
Hence the common ratio of geometric sequence is 2.
Learn more about geometric progression at brainly.com/question/12006112
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The answer is 7% because the sale amount was .70 cents.