Question

real world geometric series question

Answer 1

A professional football player signs a six-year 2.50 million dollar contract, with a guaranteed 30% increase per year if he makes the All Pro team. If the player plays out the contract and makes the All Pro team each year, find the nth term of the geometric sequence that generates his annual salary and approximate his salary during the last year of his contract.

Answer 2

9 million dollars
9.28 million dollars
7.14 million dollars
12.1 million dollars

Answer 3

@blurbendy

Answer 4

What would his salary be the second year?