#20 Help
a) A decline of 10% per year means that the common ratio between terms is ⇒ r = .9
So.....geometric
b) an = 1250 (.9)n-1 where n is the value at the beginning of the nth year
c) 6th year = 1250 (.9) 6 - 1 = 1250 (.9)5 = $738.11