The correct statement for generating the next term in the sequence 23, 19.5, 16, 12.5, ... is:
Add the common difference of −3.5.
The sequence is decreasing by 3.5 each time:
- 23 - 3.5 = 19.5
- 19.5 - 3.5 = 16
- 16 - 3.5 = 12.5
Therefore, the next term can be found by continuing to add the common difference of -3.5.