At the end of any year a car is worth 5% less than what it was worth at the beginning of the year. if a car was worth $9500 in D
1 answer:
You might be interested in
the value of r of the geometric series n=11.3(0.8)n-1
General formula for nth term of any geometric series is
Here 'r' is the common ratio
a_1 is the first term of the series
Now we compare the given formula with general formula
Compare with
The value of r= 0.8