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Mathematics, 19.02.2020 05:15 UratazZ

James deposited some money into a savings account to save for a motorcycle. Based on the interest rate of the account, he estimates that his money will grow according to the following table.
Years Value
1 $1428
2 $1457
3 $1486
4 $1516
5 $1546
The values follow a geometric sequence. What is the common ratio of the sequence?

Enter your answer as a decimal rounded to two decimal places, if necessary, like this: 42.53

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