Find the Indicated Nth Term of the Geometric Sequence

question 58

Multiple Choice

Find the indicated nth term of the geometric sequence. 6th term:

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Definitions:

Consumption

The use of goods and services by households, constituting a primary component of economic activity.

Disposable Income

Funds permissible for households' usage in saving and spending post the accounting of income taxes.

Disposable Income

The net income available to households or individuals after accounting for taxes, which can be spent on consumption or savings.

Consumption

The use of goods and services by households, one of the primary components that determine the overall level of economic activity in an economy.