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DaniilM [7]
3 years ago
11

Find the sum of 1 + 3/2 + 9/4 + …, if it exists.

Mathematics
1 answer:
zmey [24]3 years ago
3 0

Answer:

Option (4)

Step-by-step explanation:

Given sequence is,

1+\frac{3}{2}+\frac{9}{4}..........

We can rewrite this sequence as,

1+\frac{3}{2}+(\frac{3}{2})^2.............

There is a common ratio between the successive term and the previous term,

r = \frac{\frac{3}{2}}{1}

r = \frac{3}{2}

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,

S_{n}=\frac{a}{1-r}  , 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.

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The amount add to the borrower's monthly payment is $313.33.

Given that lender requires PMI that is 0.8% of the loan amount of $470,000.

A loan's PMI, or personal mortgage insurance, is a type of mortgage insurance used by lenders when making traditional loans such as home loans. A PMI helps cover the loss to the lender (bank) if the borrower stops making monthly mortgage payments on their home loan. Therefore, the PMI can be described as a kind of risk mitigation tool for the bank when the borrower defaults on their EMIs (monthly mortgage payments). So, PMI for a borrower is an additional cost or payment for the borrower on top of his monthly payments i.e. EMI.

Thus, the additional amount of dollars that the borrower has to pay for the PMI on his loan along with his monthly mortgage payments

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Learn more about mortgage payment from here brainly.com/question/10400598

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