If you notice the terms, they're
7, -21, 63, -189 and so forth.
7*-3 = -21 and -21 * -3 is 63 and so forth, meaning the "common ratio" is -3.
now, for a common ratio say "r", which is a fraction, namely less than ±1 and more than 0, or |r| < 1 , you do have a convergent sequence.
however this one notice, |-3| is 3, and that's greater than 1 clearly, therefore is divergent, meaning the summation has no finite value.
A = P(1 + rt)
Where:
<span>·
</span>A = Total Accrued Amount (principal + interest)
<span>·
</span>P = Principal Amount
<span>·
</span>I = Interest Amount
<span>·
</span>r = Rate of Interest per year in decimal; r = R/100
<span>·
</span>R = Rate of Interest per year as a percent; R = r * 100
<span>·
</span>t = Time Period involved in months or years
A = 15,000(1+ 0.07(5))
A = 20,250 they acquired in total for 5 years
The yearly amount the get is 15,000 xx 0.07 = $ 1050 per
year
So in the next 25 years addition of 1050x25 = $26250 they
will get
Answer:
25,095238095 = 25 2⁄21
Step-by-step explanation:
Just multiply each denominator and numerator straight across and convert to a mixed number, decimal, or whatever you want.
I am joyous to assist you anytime.