Question

Isaac keeps track of the amount of money in his savings certificate each month. He has accumulated the following data:

Answer 1

Answer:

d. The common ratio is 1.1

Step-by-step explanation:

To see if the data has a common ratio or common difference, we have to see if the division between them is equal(common ratio), or if the difference between them is equal(common difference).

In this case, since $60.5 - 55 \neq 55 - 50$, it has a common ratio.

To find it, we divide consecutive terms. For example:

$\frac{55}{50} = 1.1$

So the correct answer is:

d. The common ratio is 1.1