The price of a new car was $22,800vin April. However, the price of the car was reduced 5% in May. Find the price in May.
2 answers:
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The correct answer is C) t₁ = 375, 
.
From the general form,
, we must work backward to find t₁.
The general form is derived from the explicit form, which is
. We can see that r = 5; 5 has the exponent, so that is what is multiplied by every time. This gives us
Using the products of exponents, we can "split up" the exponent:
We know that 5⁻¹ = 1/5, so this gives us
Comparing this to our general form, we see that
Multiplying by 5 on both sides, we get that
t₁ = 75*5 = 375
The recursive formula for a geometric sequence is given by
, while we must state what t₁ is; this gives us
From the general form,
The general form is derived from the explicit form, which is
Using the products of exponents, we can "split up" the exponent:
We know that 5⁻¹ = 1/5, so this gives us
Comparing this to our general form, we see that
Multiplying by 5 on both sides, we get that
t₁ = 75*5 = 375
The recursive formula for a geometric sequence is given by
Check the picture below.
