Answer:
On the other hand, if rates are very low, gold may potentially benefit as it keeps the opportunity cost of holding gold to a minimum. Of course, gold could also move higher even with high interest rates, and it could move lower even during periods of ultra-low rates. Monetary policy can also affect the gold price.
Step-by-step explanation:
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Answer:
S = 8
Step-by-step explanation:
An infinite geometric series is defined as limit of partial sum of geometric sequences. Therefore, to find the infinite sum, we have to find the partial sum first then input limit approaches infinity.
However, fortunately, the infinite geometric series has already set up for you. It’s got the formula for itself which is:

We can also write in summation notation rather S-term as:

Keep in mind that these only work for when |r| < 1 or else it will diverge.
Also, how fortunately, the given summation fits the formula pattern so we do not have to do anything but simply apply the formula in.

Therefore, the sum will converge to 8.
Please let me know if you have any questions!
I think 6 1/2,but I could be wrong so take that with a grain of salt
1. 538 - 247 = ?
2. 8 - 7 = 1
3. You can't subtract 3 and 4, so you have to take number from 5 (turning it into a 4) and then you add a 1 right next to 3 (which makes it 13;13 - 4 = 9
4. 4 - 2 = 2
538 - 247 = 291
So the answer is 291.