Calculate the gross margin if the selling price is $264 and the cost is $214
1 answer:
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Answer:
n = 8
Step-by-step explanation:
Continuing the sequence using
+
x₄ = x₂ + x₃ =1 + 2 = 3
x₅ = x₃ + x₄ = 2 + 3 = 5
x₆ = x₄ + x₅ = 3 + 5 = 8
x₇ = x₅ + x₆ = 5 + 8 = 13
x₈ = x₆ + x₇ = 8 + 13 = 21
x₉ = x₇ + x₈ = 13 + 21 = 34
x₁₀ = x₈ + x₉ = 21 + 34 = 55 ← with n = 8