After the first term in a sequence, the ratio of each term to the preceding term is r. If the first term is a, what is the third term?

The 3rd term is

Step-by-step explanation:

From the given information, the first term of the sequence is

The common ratio of the sequence is

The explicit formula for a geometric sequence is :

To find the third term, we put n=3 to get:

This simplifies to:

$30.32

step-by-step explanation:

65.00*.12=2.80

65.00-2.80=57.20

57.20*1.06=60.632

60.632/2=30.316