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Section exercises

Verbal

What is an n th partial sum?

An n th partial sum is the sum of the first n terms of a sequence.

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What is the difference between an arithmetic sequence and an arithmetic series?

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What is a geometric series?

A geometric series is the sum of the terms in a geometric sequence.

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How is finding the sum of an infinite geometric series different from finding the n th partial sum?

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What is an annuity?

An annuity is a series of regular equal payments that earn a constant compounded interest.

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Algebraic

For the following exercises, express each description of a sum using summation notation.

The sum of terms m 2 + 3 m from m = 1 to m = 5

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The sum from of n = 0 to n = 4 of 5 n

n = 0 4 5 n

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The sum of 6 k 5 from k = 2 to k = 1

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The sum that results from adding the number 4 five times

k = 1 5 4

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For the following exercises, express each arithmetic sum using summation notation.

5 + 10 + 15 + 20 + 25 + 30 + 35 + 40 + 45 + 50

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10 + 18 + 26 + + 162

k = 1 20 8 k + 2

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1 2 + 1 + 3 2 + 2 + + 4

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For the following exercises, use the formula for the sum of the first n terms of each arithmetic sequence.

3 2 + 2 + 5 2 + 3 + 7 2

S 5 = 5 ( 3 2 + 7 2 ) 2

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3.2 + 3.4 + 3.6 + + 5.6

S 13 = 13 ( 3.2 + 5.6 ) 2

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For the following exercises, express each geometric sum using summation notation.

1 + 3 + 9 + 27 + 81 + 243 + 729 + 2187

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8 + 4 + 2 + + 0.125

k = 1 7 8 0.5 k 1

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1 6 + 1 12 1 24 + + 1 768

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For the following exercises, use the formula for the sum of the first n terms of each geometric sequence, and then state the indicated sum.

9 + 3 + 1 + 1 3 + 1 9

S 5 = 9 ( 1 ( 1 3 ) 5 ) 1 1 3 = 121 9 13.44

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n = 1 9 5 2 n 1

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a = 1 11 64 0.2 a 1

S 11 = 64 ( 1 0.2 11 ) 1 0.2 = 781 , 249 , 984 9 , 765 , 625 80

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For the following exercises, determine whether the infinite series has a sum. If so, write the formula for the sum. If not, state the reason.

2 + 1.6 + 1.28 + 1.024 + ...

The series is defined. S = 2 1 0.8

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k = 1 ( 1 2 ) k 1

The series is defined. S = 1 1 ( 1 2 )

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Graphical

For the following exercises, use the following scenario. Javier makes monthly deposits into a savings account. He opened the account with an initial deposit of $50. Each month thereafter he increased the previous deposit amount by $20.

Graph the arithmetic sequence showing one year of Javier’s deposits.

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Graph the arithmetic series showing the monthly sums of one year of Javier’s deposits.

Graph of Javier's deposits where the x-axis is the months of the year and the y-axis is the sum of deposits.
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For the following exercises, use the geometric series k = 1 ( 1 2 ) k .

Graph the first 7 partial sums of the series.

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What number does S n seem to be approaching in the graph? Find the sum to explain why this makes sense.

Sample answer: The graph of S n seems to be approaching 1. This makes sense because k = 1 ( 1 2 ) k is a defined infinite geometric series with S = 1 2 1 ( 1 2 ) = 1.

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Numeric

For the following exercises, find the indicated sum.

n = 1 6 n ( n 2 )

49

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For the following exercises, use the formula for the sum of the first n terms of an arithmetic series to find the sum.

1.7 + 0.4 + 0.9 + 2.2 + 3.5 + 4.8

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6 + 15 2 + 9 + 21 2 + 12 + 27 2 + 15

S 7 = 147 2

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1 + 3 + 7 + ... + 31

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k = 1 11 ( k 2 1 2 )

S 11 = 55 2

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For the following exercises, use the formula for the sum of the first n terms of a geometric series to find the partial sum.

S 6 for the series 2 10 50 250...

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S 7 for the series 0.4 2 + 10 50...

S 7 = 5208.4

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n = 1 10 2 ( 1 2 ) n 1

S 10 = 1023 256

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For the following exercises, find the sum of the infinite geometric series.

1 1 4 1 16 1 64 ...

S = 4 3

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k = 1 3 ( 1 4 ) k 1

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n = 1 4.6 0.5 n 1

S = 9.2

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For the following exercises, determine the value of the annuity for the indicated monthly deposit amount, the number of deposits, and the interest rate.

Deposit amount: $ 50 ; total deposits: 60 ; interest rate: 5 % , compounded monthly

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Deposit amount: $ 150 ; total deposits: 24 ; interest rate: 3 % , compounded monthly

$3,705.42

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Deposit amount: $ 450 ; total deposits: 60 ; interest rate: 4.5 % , compounded quarterly

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Deposit amount: $ 100 ; total deposits: 120 ; interest rate: 10 % , compounded semi-annually

$695,823.97

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Extensions

The sum of terms 50 k 2 from k = x through 7 is 115. What is x ?

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Write an explicit formula for a k such that k = 0 6 a k = 189. Assume this is an arithmetic series.

a k = 30 k

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Find the smallest value of n such that k = 1 n ( 3 k 5 ) > 100.

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How many terms must be added before the series 1 3 5 7 ....   has a sum less than 75 ?

9 terms

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Write 0. 65 ¯ as an infinite geometric series using summation notation. Then use the formula for finding the sum of an infinite geometric series to convert 0. 65 ¯ to a fraction.

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The sum of an infinite geometric series is five times the value of the first term. What is the common ratio of the series?

r = 4 5

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To get the best loan rates available, the Riches want to save enough money to place 20% down on a $160,000 home. They plan to make monthly deposits of $125 in an investment account that offers 8.5% annual interest compounded semi-annually. Will the Riches have enough for a 20% down payment after five years of saving? How much money will they have saved?

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Karl has two years to save $ 10 , 000 to buy a used car when he graduates. To the nearest dollar, what would his monthly deposits need to be if he invests in an account offering a 4.2% annual interest rate that compounds monthly?

$400 per month

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Real-world applications

Keisha devised a week-long study plan to prepare for finals. On the first day, she plans to study for 1 hour, and each successive day she will increase her study time by 30 minutes. How many hours will Keisha have studied after one week?

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A boulder rolled down a mountain, traveling 6 feet in the first second. Each successive second, its distance increased by 8 feet. How far did the boulder travel after 10 seconds?

420 feet

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A scientist places 50 cells in a petri dish. Every hour, the population increases by 1.5%. What will the cell count be after 1 day?

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A pendulum travels a distance of 3 feet on its first swing. On each successive swing, it travels 3 4 the distance of the previous swing. What is the total distance traveled by the pendulum when it stops swinging?

12 feet

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Rachael deposits $1,500 into a retirement fund each year. The fund earns 8.2% annual interest, compounded monthly. If she opened her account when she was 19 years old, how much will she have by the time she is 55? How much of that amount will be interest earned?

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Questions & Answers

it is the relatively stable flow of income
Chidubem Reply
what is circular flow of income
Divine Reply
branches of macroeconomics
SHEDRACK Reply
what is Flexible exchang rate?
poudel Reply
is gdp a reliable measurement of wealth
Atega Reply
introduction to econometrics
Husseini Reply
Hi
mostafa
hi
LEMLEM
hello
Sammol
hi
Mahesh
bi
Ruqayat
hi
Ruqayat
Hi fellas
Nyawa
hey
Sammol
hi
God
hello
Jahara
Good morning
Jorge
hi
abubakar
hi
Nmesoma
hi
Mahesh
Hi
Tom
Why is unemployment rate never zero at full employment?
Priyanka Reply
bcoz of existence of frictional unemployment in our economy.
Umashankar
what is flexible exchang rate?
poudel
due to existence of the pple with disabilities
Abdulraufu
the demand of a good rises, causing the demand for another good to fall
Rushawn Reply
is it possible to leave every good at the same level
Joseph
I don't think so. because check it, if the demand for chicken increases, people will no longer consume fish like they used to causing a fall in the demand for fish
Anuolu
is not really possible to let the value of a goods to be same at the same time.....
Salome
Suppose the inflation rate is 6%, does it mean that all the goods you purchase will cost 6% more than previous year? Provide with reasoning.
Geetha Reply
Not necessarily. To measure the inflation rate economists normally use an averaged price index of a basket of certain goods. So if you purchase goods included in the basket, you will notice that you pay 6% more, otherwise not necessarily.
Waeth
discus major problems of macroeconomics
Alii Reply
what is the problem of macroeconomics
Yoal
Economic growth Stable prices and low unemployment
Ephraim
explain inflationcause and itis degre
Miresa Reply
what is inflation
Getu
increase in general price levels
WEETO
Good day How do I calculate this question: C= 100+5yd G= 2000 T= 2000 I(planned)=200. Suppose the actual output is 3000. What is the level of planned expenditures at this level of output?
Chisomo Reply
how to calculate actual output?
Chisomo
how to calculate the equilibrium income
Beshir
Criteria for determining money supply
Thapase Reply
who we can define macroeconomics in one line
Muhammad
Aggregate demand
Mohammed
C=k100 +9y and i=k50.calculate the equilibrium level of output
Mercy Reply
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Amisha
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Amisha
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Sekou
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Amisha
money as unit of account means what?
Kalombe
A unit of account is something that can be used to value goods and services and make calculations
Jim
all of you please speak in English I can't understand you're language
Muhammad
I want to know how can we define macroeconomics in one line
Muhammad
it must be .9 or 0.9 no Mpc is greater than 1 Y=100+.9Y+50 Y-.9Y=150 0.1Y/0.1=150/0.1 Y=1500
Kalombe
Mercy is it clear?😋
Kalombe
hi can someone help me on this question If a negative shocks shifts the IS curve to the left, what type of policy do you suggest so as to stabilize the level of output? discuss your answer using appropriate graph.
Galge Reply
if interest rate is increased this will will reduce the level of income shifting the curve to the left ◀️
Kalombe
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Source:  OpenStax, College algebra. OpenStax CNX. Feb 06, 2015 Download for free at https://legacy.cnx.org/content/col11759/1.3
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