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.

Question

anonymous · Answer

my options are 12.1 million, 9 million, 9.28 million, and 7.14milion

anonymous · Answer

@just_one_last_goodbye any ideas?

anonymous · Answer

@phi  @mathstudent55 i really need some help on this!!

anonymous · Answer

hey

just_one_last_goodbye · Answer

any answer choices?

anonymous · Answer

yes i put them up there^

anonymous · Answer

every answer i have gotten hasnt been an option though. it has become quite the struggle haha

anonymous · Answer

hi @Noand-DeWitte ? hah

anonymous · Answer

@just_one_last_goodbye with the answer choices do you think you know?

anonymous · Answer

@mathstudent55 can you help?