In the year 2003, a person bought a new car for $21500. For each consecutive year
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This sequence (1.6, 0.8, 0.4, 0.2,... ) is geometric.
We have formula for any member of geometric sequence:
If a1=1.6 then:
The solution for all these equations is: q=0.5. We have: a1=1.6, q=0.5 and this is geometric sequence.
We have formula for any member of geometric sequence:
