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The following balances are listed for the past three annual statements:
2019 the balance is $10,000
2020 the balance is $11,000
2021 the balance is $12,100

Estimate the future balance for 2022 based on this geometric sequence.


Sagot :

Answer:

around 13,000

Step-by-step explanation:

it goes up 1,000 a year normally so the estimated amount for next year is 13,000

hope this helps:) sorry if I'm wrong