Answer:
Divide
Step-by-step explanation:
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
, it has a common ratio.
To find it, we divide consecutive terms. For example:

So the correct answer is:
d. The common ratio is 1.1
A customer borrowed $2000 and then a further $1000 both repayble in 12 months. What would he have saved if he had taken out one loan for $3000 repayable in 12 months?
He took two different loans, it charged him loan processing fee twice, two-time documentation process, and of course, extra time spent for second loan. Instead, he could take single loan of $3000 with one-time processing fee, one-time documentation process, and time-saving also.