Help #10 ​

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