A person invests 9500 dollars in a bank. The bank pays 5% interest compounded annually. To the nearest tenth of a year, how long
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Answer:
<em>The common ratio of the geometric sequence is -4</em>
Step-by-step explanation:
<u>Geometric Sequence</u>
A geometric sequence is defined as a series of numbers that follow a fixed pattern: Each term equals the previous term times a fixed number called the common ratio. The recursive formula is:
Where r is the common ratio.
We are given three terms of a geometric sequence:
18,-72,288,...
To find the common ratio, just divide each term by the previous term:
Make sure it's a fixed number and test with the third term:
Since both numbers coincide, the common ratio of the geometric sequence is -4
