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Find the indicated term of the geometric sequence.
-a1 = -3, r = 2; find
Depletion Expense
an accounting and tax concept used to account for the reduction of a product's reserves, such as minerals, oil, and gas.
Salvage Value
The estimated resale or scrap value of an asset at the end of its useful life.
Depletion Expense
The allocation of the cost of natural resources over the period they are consumed or sold.
Mineral Deposit
A natural accumulation of minerals within the Earth that can be economically extracted and utilized.
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