Coming from a finance guy, I understand how AP and GP work. However, I came upon a problem that combines the two and was stuck. Here it goes.
Given first term of AP and GP$=4$, and common ratio of GP is $8$ less than common difference of AP. The ratio of $3$rd term of AP to $3$rd term of GP is $7:16$. What is the common difference and common ratio?
I tried it this far:
given common ratio$=r$
difference$=d$
so $r=d-8$
for the AP; 3rd term$=4+2d$
and GP$=4(d-8)(d-8)$
so $(4+2d) : 4(d-8)(d-8) =7:16$
and I got this far..
some headway please..