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yaroslaw [1]
3 years ago
8

What is the term of a 7-term geometric series if the first term is -11 the last term is -45,056 and the common ratio is -4

Mathematics
1 answer:
shutvik [7]3 years ago
8 0
I assume you mean to ask how to find the sum of the seven terms?

You have

a_2=ra_1
a_3=ra_2=r^2a_1
a_4=ra_3=r^3a_1
...
a_7=ra_6=r^6a_1

So the sum is

a_1+ra_1+r^2a_1+\cdots+r^6a_1=a_1(1+r+r^2+\cdots+r^6)=a_1\times\dfrac{1-r^7}{1-r}

You know that a_1=-11 and r=-4, so the sum is equal to

-4\times\dfrac{1-(-4)^7}{1-(-4)}=-13108
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7 0
2 years ago
Principal $4,700 Interest rate 4% time 10 months, what is the simple interest and maturity level?
Naddik [55]

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<h3>What is simple interest?</h3>

Simple interest refers to the interest calculated only on the principal.

With the simple interest method, the borrower only pays interest on the principal without considering the previously-accumulated interests.

<h3>Data and Calculations:</h3>

Principal = $4,700

Interest rate = 4%

Period = 10 months

Simple interest = $156.67 ($4,700 x 4% x 10/12)

Thus, the simple interest of $4,700 principal at 4% interest and 10 months is <u>$156.67</u> and its <u>maturity level</u> is <u>83%</u>.

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6 0
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