Answer:
D
Step-by-step explanation:
The final answer to tour problem 16.3
Answer:
Option (4)
Step-by-step explanation:
Given sequence is,

We can rewrite this sequence as,

There is a common ratio between the successive term and the previous term,
r = 
r = 
Therefore, it's a geometric sequence with infinite terms. In other words it's a geometric series.
Since sum of infinite geometric sequence is represented by the formula,
, when r < 1
where 'a' = first term of the sequence
r = common ratio
Since common ratio of the given infinite series is greater than 1 which makes the series divergent.
Therefore, sum of infinite terms of a series will be infinite Or the sum is not possible.
Option (4) will be the answer.
Answer:
8/15
Step-by-step explanation:
4/5 times 2/3
Answer:
The company's profit in 2007 was 11.088 millions
Step-by-step explanation:
This is a compound interest problem where the initial amount is 8.8 million, the interest rate is 6% and the time period is 4 years and it gets compounded yearly. So we can use the compound interest formula, that is given by:
A = P*(1 + r/n)^(n*t)
Where A is the final amount, P is the initial amount, r is the rate, t is the total amount of time and n is the number of times it gets compounded in one year. We can now use all the values that were given to us to find out the profit of the company.
A = 8.8*(1 + (0.06))^(4) = 8.8*(1.06)^16
A = 8.8*1.26 = 11.088 millions
So the company's profit in 2007 was 11.088 millions