Answer:
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Step-by-step explanation:
Answer:
Step-by-step explanation:
A geometric series is one where each term is multiplied by a constant value known as r to get the next term
Sum of n terms of a geometric series is

Sum of infinite series is obtained as the limiting value of this sum when n tends to infinity
We find that only when |r|<1, r power n tends to 0 as n tends to infinity.
Other r power n diverges.
Hence geometric series infinite sum formula is valid only when
|r|<1 since the series sum converges to a finite value
I had a seizure trying to understand that question
Answer:
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Step-by-step explanation:
- You can access your funds easier if your account has more liquidity.
- Liquidity refers to the measure of the ability of a debtor to pay their debts as and when they fall due.
- In other words it is the ability one or a business entity has to convert any asset into cash quickly. It is also an ability to buy or sell a security without affecting the asset's price.
- Therefore, the higher the liquidity of an account the more one can access funds easily.