SOLUTION
The following is a geometric series
We will use the formula
[tex]T_n=ar^{n-1}[/tex]Where Tn is the nth term of the series,
n is the number of terms = 8,
a is the first term = 15
And r is the common ratio = 1.2 (to find r, divide the second term, 18 by the first term which is 15
Now let's solve
[tex]\begin{gathered} T_n=ar^{n-1} \\ T_8=15\times1.2^{8-1} \\ T_8=15\times1.2^7 \\ T_8=15\times3.583 \\ T_8=53.748 \end{gathered}[/tex]So the 8th term = 53.748
