Suppose you invested $10,000 and it grew 12% every year for 40 years. How much would this investment be worth after 40 years?

It would be around $448,000

Step-by-step explanation:

First, you need to increase 10,000 by 12% which gives you 11,200

The second step is to multiply 11,200 by 40

Meaning you will invest in $448,000 after 40 years.

see explanation

step-by-step explanation:

since the sequence is geometric there is a common ratio r between consecutive terms, that is

r = 4 ÷ - 2 = - 2

r = - 8 ÷ 4 = - 2

r = 16 ÷ 8 = - 2

the next term - 13 must be incorrect as it should be - 32 for the sequence to be geometric.

the first 4 terms are therefore geometric with common ratio r = - 2

step-by-step explanation: