james deposited some money into a savings account to save for a motorcycle. based on the interest rate of the account, he estimates that his money will grow according to the following table.
years value
1 $1438
2 $1457
3 $1486
4 $1516
5 $1546
the values follow a geometric sequence. what is the common ratio of the sequence?
enter your answer as a decimal rounded to two decimal places, if necessary, like this: 42.53