Find the sum of the first 7 terms of the following sequence. Round to the nearesthundredth if necessary.

Given the sequence:
[tex]50,61,74.42,\ldots[/tex]The given sequence has a common ratio = r
[tex]r=\frac{61}{50}=\frac{74.42}{61}=1.22[/tex]we will find the sum of the first 7 terms as follows:
[tex]\begin{gathered} S_n=\frac{a_1-a_1\cdot r^n}{1-r} \\ \\ a_1=50 \\ r=1.22 \\ n=7 \end{gathered}[/tex]Substitute with a1, r, and n into the formula Sn
so,
[tex]S_7=\frac{50-50\cdot(1.22)^7}{1-1.22}=686.9797[/tex]Round to the nearest hundredth
So, the answer will be sum = 686.98