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Type: Multiple-Choice
Category: Sequences and Series
Level: Grade 12
Standards: HSA-SSE.B.4
Author: jeffrymat
Last Modified: 2 years ago

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Sequences and Series Question

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Grade 12 Sequences and Series CCSS: HSA-SSE.B.4

A business pays $300 to rent a piece of office equipment for one year. The rent was increased by 15% each year thereafter. How much will the company pay for the first four years it rents the equipment, to the nearest dollar?
  1. $456
  2. $1,498
  3. $1,153
  4. $853
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