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Solution - Geometric Sequences

The common ratio is: r=1.0596491228070175
r=1.0596491228070175
The sum of this series is: s=586
s=586
The general form of this series is: an=2851.0596491228070175n1
a_n=285*1.0596491228070175^(n-1)
The nth term of this series is: 285,302,320.01403508771926,339.10259156663585,359.32976369517206,380.76346889804194,403.4756758147672,427.5426459510866,453.0451897446602,480.068937904868
285,302,320.01403508771926,339.10259156663585,359.32976369517206,380.76346889804194,403.4756758147672,427.5426459510866,453.0451897446602,480.068937904868

Step-by-step explanation

Why learn this

Geometric sequences are commonly used to explain concepts in mathematics, physics, engineering, biology, economics, computer science, finance, and more, making them a very useful tool to have in our toolkits. One of the most common applications of geometric sequences, for example, is calculating earned or unpaid compound interest, an activity most commonly associated with finance that could mean earning or losing a lot of money! Other applications include, but are certainly not limited to, calculating probability, measuring radioactivity over time, and designing buildings.

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