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Question

If S3=125,S6=152, find r.

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Solution

S3=125,S6=152
S=a(rn1)r1
S3=a(r31)2=125a(r31)=250
S6=a(r61)5=152a(r61)=760
a(r61)=760
a(r31)(r3+1)=760
(r3+1)=760250
r3=76251
r=1.268

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