Use the Formula for the General Term (The Nth Term)

question 238

Multiple Choice

Use the formula for the general term (the nth term) of a geometric sequence to find the indicated term of the sequence
with the given first term, a1, and common ratio, r.
-Find a11 when a1 = -5, r = -3.

• A) 885,735
• B) -35
• C) -295,245
• D) -295,241

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Definitions:

Moral Hazard

Moral hazard occurs when one party in a transaction takes on more risk because they know that someone else will bear the cost of those risks.

Transaction

The act of conducting business between two or more parties, often involving the exchange of goods, services, money, or information.

Moral Hazard

A situation in which one party is more likely to take risks because they know that another party bears the consequences or costs of those risks.

Insured Individuals

People covered by insurance policies, protecting them against financial losses from specified risks.