A geometric series begins with 500 and decreases by 15% successively. Choose
True or False for each statement about
the series.
A. The common ratio is 1.15.
O True O False
B. In the sum formula, a = 500 and
r=0.85.
True False
C The sum, if the series has 5 terms, is
1,854 (rounded to the nearest
integer).
O True False
D The sum, if the series has 9 terms, is
2425 (rounded to the nearest
integer).
True False