Find the Indicated Term of the Sequence

question 96

Multiple Choice

Find the indicated term of the sequence.
-The twentieth term of the arithmetic sequence 11 , 7 , 3 , ...

• A) 87
• B) -69
• C) 91
• D) -65

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Definitions:

Common Stock

A type of security that represents ownership in a corporation, entitling holders to vote on corporate matters and receive dividends.

Extraordinary Gain

Income from events that are both unusual in nature and infrequent in occurrence, excluded from regular business operations when assessing profitability.

Note Receivable

A financial claim against another party that is evidenced by a written promise to pay a specified sum of money on demand or at a set time.

Impairment

A decrease in the recoverable value of an asset below its carrying amount on the balance sheet, leading to an adjustment of the book value.