Chapter 5: Problem 105
Determine whether each sequence is arithmetic or geometric. Then find the next two terms. \(3, \frac{3}{2}, \frac{3}{4}, \frac{3}{8}, \ldots\)
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Chapter 5: Problem 105
Determine whether each sequence is arithmetic or geometric. Then find the next two terms. \(3, \frac{3}{2}, \frac{3}{4}, \frac{3}{8}, \ldots\)
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A professional baseball player signs a contract with a beginning salary of $$\$ 3,000,000$$ for the first year with an annual increase of \(4 \%\) per year beginning in the second year. That is, beginning in year 2 , the athlete's salary will be \(1.04\) times what it was in the previous year. What is the athlete's salary for year 7 of the contract? Round to the nearest dollar.
The bar graph shows changes in the percentage of college graduates for Americans ages 25 and older from 1990 to 2010. Exercises 125-126 involve developing arithmetic sequences that model the data. In \(1990,24.4 \%\) of American men ages 25 and older had graduated from college. On average, this percentage has increased by approximately \(0.3\) each year. a. Write a formula for the \(n\)th term of the arithmetic sequence that models the percentage of American men ages 25 and older who had graduated from college \(n\) years after \(1989 .\) b. Use the model from part (a) to project the percentage of American men ages 25 and older who will be college graduates by \(2019 .\)
Find the indicated term for the geometric sequence with first term, \(a_{1}\), and common ratio, \(r\). Find \(a_{7}\), when \(a_{1}=5, r=-2\).
Write the first six terms of the geometric sequence with the first term, \(a_{1}\), and common ratio, \(r\). \(a_{1}=4, r=2\)
Company A pays $$\$ 24,000$$ yearly with raises of $$\$ 1600$$ per year. Company B pays $$\$ 28,000$$ yearly with raises of $$\$ 1000$$ per year. Which company will pay more in year 10 ? How much more?
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