Geometric sequence is a sequence of numbers that have a common ratio between them.
You should first of all distribute and combine like terms on both sides. You should subtract 6x from both sides. Once you have done that, you should add 80 to both sides and divide by 6 to get your answer as a simplified fraction of x=-2/3. The correct answer is b.
Answer:
44000
Step-by-step explanation:
Let w be the initial value of Otto's internet stock, in dollars. At the beginning of the year, the total value of his portfolio is w+10,000 dollars. At the end of the year, the total value of his portfolio is 1.1w+9,000 dollars. Since increasing by 6% is equivalent to multiplying by 1.06, we have
1.06(w+10,000)=1.1w +9,000
Distributing and collecting terms, we find w=40,000. At the end of the year, his internet stock is worth 40,000* 1.1=44,000 dollars.
*credits: AoPS
