Question

PRE-CALC

khalid invests $500 in an account that earns 1.5% interest per year, compounded annually. Which of the following is formed by the amount in his account from year to year?

an arithmetic series
an arithmetic sequence
a geometric series
a geometric sequence

Answer 1

d

Explanation:

Answer 2

D. Geometric Sequence

For your question: "Khalid invests $500 in an account that earns 1.5% interest per year, compounded annually. Which of the following is

formed by the amount in his account from year to year?"

The geometric sequence is formed.