+0  
 
0
174
1
avatar+4676 

Help #10

 Mar 12, 2018
 #1
avatar+98123 
+1

10.   The sum is

 

26000[ 1 - (1.03)^5 ]  /  [ 1 - 1.03 ]  =  $138,037. 53

 

 

11.  Converges....the common ratio is  (1/2)

 

The sum is

 

     First term                        (1/5)                  (1/5)

_______________    =       ______     =       _____   =   2/5

 1 - common ratio                  1 - 1/2               1/2

 

 

The third answer is correct

 

 

cool cool cool

 Mar 12, 2018

14 Online Users

avatar
avatar