21. [0.5/1 Points] DETAILS PREVIOUS ANSWERS AUFINTERALG9 12.3.RQ.001. MY NOTE Part 1 How could a geometric sequence be used in real life? If a person's yearly raise is a percent increase of their current salary, a geometric sequence can be used to list out their salaries in future years. The values you enter in this part will be used to make later calculations. You are thinking about your salary in years to come when you can get a job related to your program of study. What is your planned annual salary (in dollars) for your ist year of work based on your program of study? $ 30000 Your value is acceptable. What percent increase do you hope to get each year? 10 Your value is acceptable.% Part 2 Use the values you entered in part 1 to determine the answers in this part. Using your suggested increase and ist year salary, what will be your annual salary (in dollars) in the 2nd year? (Round your answer to the nearest whole number, if necessary.) $ 24000 X Use the formula for the nth term (general term) of a geometric sequence to determine your salary (in dollars) in the 10th year. (Round your answer to the nearest whole number.) $ 264000 X Need Help? Read It22. [-/1 Points] DETAILS AUFINTERALG9 12.3.RQ.002. MY NOTES ASK YOUR Part 1 How could I use the formula for the sum of a finite geometric sequence to figure out something useful for my life? If your yearly raise is a percent increase of your current salary, a geometric sequence can be used to list out your salary for each year. When a select portion of that list of salaries is written as a sum, this becomes a geometri The values you enter in this part will be used to make later calculations. You are thinking about your salary in years to come when you can get a job related to your program of study. What is your planned annual salary (in dollars) for your ist year of work based on your program of study? $ What percent increase do you hope to get each year? % How many years do you plan to work? yr Part 2 Use the values you entered in part 1 to determine the answer in this part. Use the formula for the sum of the first n terms of a geometric series to determine the sum (in dollars) of your salaries over this period of time. (Round your answer to the nearest cent.) $ Need Help? Read It