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

question 11

Multiple Choice

Use the formula for the general term (the nth term) of an arithmetic sequence to find the indicated term of the sequence with the given first term, a1, and common difference, d.
-Find a₁₄ when a₁ = 23, d = -3.

• A) -39
• B) -19
• C) 62
• D) -16

---

Definitions:

Invested Assets

Resources that are obtained with the goal of producing income or profit.

Operating Income

Income generated from the normal business operations of a company, excluding expenses such as interest and taxes.

DuPont Formula

A formula that breaks down Return on Equity (ROE) into three components: profit margin, asset turnover, and financial leverage, to analyze a company's financial performance.

Profit Margin

Profit margin is a financial metric showing the percentage of revenue that remains as profit after all operating expenses are deducted from sales.