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ollegr [7]
2 years ago
5

Enter the finite geometric series from its given description, and then enter its sum.

Mathematics
1 answer:
Mama L [17]2 years ago
4 0

Answer:

a_n= 4(-5)^{(n-1)}

-10416

Step-by-step explanation:

a = 4

r = -5

geometric series:  a_n=ar^{(n-1)} = 4(-5)^{(n-1)}

Determine which term = -12500:

a_n=-12500

4(-5)^{(n-1)}=-12500

(-5)^{(n-1)} = -3125

(5)^{(n-1)} = 3125

(n-1)ln(5) = ln(3125)

n-1 = ln(3125)/ln(5) = 5

n = 5 + 1 = 6

a_6=-12500

Using geometric sum series formula: S_n=\frac{a(1-r^n)}{1-r}

Therefore, S_6=\frac{4(1-(-5)^6)}{1-(-5)} =\frac{-62496}{6} =-10416

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Answer:

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Step-by-step explanation:

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The effective interest rate is given by the following formula:

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In this problem, we have that:

A man makes a simple discount note for $6,200, at an ordinary bank discount rate of 8.84%, for 40 days. We consider that the year has 360 days. This means that P = 6200, I = 0.0884, t = \frac{40}{360} = \frac{1}{9}.

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