Find the Indicated Nth Term of the Geometric Sequence $7,28,112 , \ldots$

question 207

Multiple Choice

Find the indicated nth term of the geometric sequence.
10th term : $7,28,112 , \ldots$

• A) \(a _ { 10 } = 114,688\)
• B) \(a _ { 10 } = 7,340,032\)
• C) \(a _ { 10 } = 458,752\)
• D) \(a _ { 10 } = 28,672\)
• E) \(a _ { 10 } = 1,835,008\)

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Definitions:

Carrying Amount

The book value of an asset or liability; for assets, it's typically the original cost less any depreciation.

Face Value

The nominal value stated on a financial instrument, such as a bond or stock certificate, representing its legal value.

Bond Issue

The process of offering bonds to investors as a method of securing capital.

Bond Amortization

The gradual reduction of the bond discount or premium over the life of the bond, affecting the bond's book value and interest expense calculations.