Identify the 17th term of a geometric sequence where a1 = 16 and a5 = 150.06. round the common ratio and 17th term to the nearest hundredth.

The geometric sequence formula is expressed as an =  a1 * r^(n-1) where n is an integer. In this case, upon substitution, 150.06 = 16 * r^(4). extracting r, r is equal to 1.75. Hence the 17th term from the formula is equal to 123802.32. 

38 dollars is your answer.