Use the geometric sequence formula to solve for rate:
an=a1r^(n-1)
6.75=4.5r^(2-1)
6.75=4.5r
6.75/4.5=r
r= 1.5
and if you want to make sure just multiply each number by 1.5 and see if it gets you the next number
4.5 4.5×1.5=6.75 (holds true)
6.75 6.75×1.5=10.125 (holds true)
10.125 10.125×1.5=15.1875 (holds true)
15.1875
1.5 is the multiplicatice rate hope that helps :)
Complete Question.
Leicestershire Renovations has a history of problems with customers who do not pay their bills on time.
Leicestershire Renovations wants to improve its cash situation, reduce bad debts, and reduce credit-collection
costs. Which of the following forms of pricing would most likely help the firm achieve its goal?
a. zone pricing
b. quantity discounts
c. cash discounts
d. by product pricing
e. product bundling
Answer:
c. Cash discounts.
Step-by-step explanation:
Cash discount is a reduction in the amount of an invoice allowed by some sellers of goods or service providers so as to encourage service takers or coients to pay within a specified period of time.
For the client or customer, it is known as the purchase discount while it is a sales discount for the service providers.
Cash discount will help Leicestershire Renovations improve its cash situation, reduce bad debts and reduce credit-collection
Is that a question???????
The given function is
f(x) = 4x - 3/2
where
f(x) = number of assignments completed
x = number of weeks required to complete the assignments
We want to find f⁻¹ (30) as an estimate of the number of weeks required to complete 30 assignments.
The procedure is as follows:
1. Set y = f(x)
y = 4x - 3/2
2. Exchange x and y
x = 4y - 3/2
3. Solve for y
4y = x + 3/2
y = (x +3/2)/4
4. Set y equal to f⁻¹ (x)
f⁻¹ (x) = (x + 3/2)/4
5. Find f⁻¹ (30)
f⁻¹ (30) = (30 + 3/2)/4 = 63/8 = 8 (approxmately)
Answer:
Pedro needs about 8 weeks to complete 30 assignments.