The Sequence Below Is an Arithmetic Sequence

question 120

Multiple Choice

The sequence below is an arithmetic sequence. Find the next two numbers in the sequence.

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Definitions:

Simple Interest

The method of calculating interest charges based on the principal amount only, not compounding on accumulated interest.

Deposit

A sum of money placed into a bank account or given as security for a contractual obligation.

Ordinary Annuities

Fixed payments received or paid out over a designated series of periods where the payments occur at the end of each period.

Annuities Due

An annuity for which payments are made at the beginning of each period, rather than at the end.