Question 7 • Advanced Financial Algebra
The sequence is geometric because each term is multiplied by 3/4 to get the next term: (9/16) ÷ (3/4) = 3/4. Its first term is 3/4, so the nth-term formula is aₙ = (3/4)(3/4)ⁿ⁻¹. This matches choice A.
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