Solve the problem.A financial planner predicts that a certain stock will increase in value 13% each year. Thus, the yearly stock values can be modeled by a geometric sequence whose common ratio r is 1.13. If the initial stock value was $25, write the first five terms of the sequence. Round to the nearest cent, if necessary.
A. $25, $31.92, $36.07, $40.76, $46.06
B. $25, $28.25, $31.92, $36.07, $40.76
C. $25, $26.13, $27.26, $28.39, $29.52
D. $28.25, $31.92, $36.07, $40.76, $46.06
Answer: B
Mathematics
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