18
practice testMultiple Choice

Practice Test

Question 18 • Financial Math

Jessica starts with an investment of $⁢50 in a mutual fund. Each week, she increases his contribution by five times the amount she added the previous week. What will be the amount of Jessica's contribution in the 7th week? a_n=a_1⋅r^(n−1)

Answer
A
3 dollars comma 906 comma 250
B
388 dollars comma 800
C
781 dollars comma 250
D
840 dollars comma 350
Jessica starts with an investment of $⁢50 in a…