All flashcards
Flashcard 1: Find S5 if a1=2, r=3, and n=5.
Answer: 242. Direct application of S5=21−31−35 gives 242.
Flashcard 2: What restriction on r is required to use Sn=a11−r1−rn?
Answer: r=1. Prevents division by zero in the denominator (1−r).
Flashcard 3: Find S5 for a geometric series with a1=21 and r=4.
Answer: 2341. Apply S5=211−41−45 with large ratio.
Flashcard 4: Find the sum S4 if the first term is a1=8 and the last term is a4=1 with r=21.
Answer: 15. Use Sn=1−ra1−anr=1−218−1⋅21.
Flashcard 5: Find S3 for a1=52, r=25, and n=3.
Answer: 1039. Apply S3=521−251−(25)3 with ratio >1.
Flashcard 6: Find 1+3+9+27+81 by using Sn=a11−r1−rn.
Answer: 121. Apply formula with a1=1, r=3, n=5 for powers of 3.
Flashcard 7: Identify the error: Using r=1+i as the ratio in the present value geometric series for loan payments.
Answer: Use r=(1+i)−1 for present value discounting. Present value requires discount factor r=(1+i)−1, not growth factor.
Flashcard 8: Find PV if P=100, i=0.10, and n=2 using PV=Pi1−(1+i)−n.
Answer: PV≈173.55. Apply present value formula with higher interest rate.
Flashcard 9: Find PV if P=500, i=0.05, and n=1 using PV=Pi1−(1+i)−n.
Answer: PV≈476.19. Apply present value formula with single payment scenario.
Flashcard 10: Find P if PV=1000, i=0.05, and n=1 using P=PV1−(1+i)−ni.
Answer: P=1050. With one payment, P=PV(1+i) for simple interest.
Flashcard 11: Find P if PV=1000, i=0.01, and n=2 using P=PV1−(1+i)−ni.
Answer: P≈507.51. Substitute values into payment calculation formula.
Flashcard 12: Find PV if P=100, i=0.01, and n=2 using PV=Pi1−(1+i)−n.
Answer: PV≈197.04. Substitute values into present value annuity formula.
Flashcard 13: Identify the common ratio r in the present value series P+(P)(1+i)−1+⋯.
Answer: r=(1+i)−1. Each payment is discounted by factor (1+i)−1 from previous.
Flashcard 14: What is the present value of an annuity formula for payment P, rate i, and n payments?
Answer: PV=Pi1−(1+i)−n. Sum of discounted payments using geometric series with r=(1+i)−1.
Flashcard 15: Find the monthly interest rate i if the annual APR is 6% compounded monthly.
Answer: i=120.06=0.005. Convert annual rate to monthly by dividing by 12 periods.
Flashcard 16: Find S5 for a geometric series with a1=21 and r=4.
Answer: 2341. Apply S5=211−41−45 with large ratio.
Flashcard 17: Find S4 if a2=6, r=2, and the series is geometric.
Answer: 45. Find a1 from a2=a1r=6, then calculate S4.
Flashcard 18: Find S3 if the geometric sequence has a1=2 and a3=18.
Answer: 26. Find r from a3=a1r2=18, then calculate S3.
Flashcard 19: Identify r if S2=12 and terms are a1=4 and a2=4r in a geometric series.
Answer: r=2. From S2=a1+a2=4+4r=12, solve 4r=8 to get r=2.
Flashcard 20: What is the definition of a geometric sequence using first term a1 and ratio r?
Answer: an=a1rn−1. Each term multiplies the previous by ratio r, starting from a1.
Flashcard 21: What is the definition of a finite geometric series sum Sn in summation notation?
Answer: Sn=∑k=1na1rk−1. Sum of terms a1rk−1 from k=1 to n in a geometric series.
Flashcard 22: State the finite geometric series sum formula for r=1 using a1, r, and n.
Answer: Sn=a11−r1−rn. Derived by multiplying by r, subtracting, and solving for Sn.
Flashcard 23: State the finite geometric series sum formula for r=1 using a1, r, and n (alternate form).
Answer: Sn=a1r−1rn−1. Equivalent form obtained by factoring out −1 from numerator and denominator.
Flashcard 24: What is rSn if Sn=a1+a1r+⋯+a1rn−1?
Answer: rSn=a1r+a1r2+⋯+a1rn. Multiplying Sn by r shifts each term up one power of r.
Flashcard 25: What is Sn−rSn for a geometric series with first term a1 and ratio r?
Answer: Sn−rSn=a1−a1rn. Most terms cancel, leaving only first and last terms.
Flashcard 26: What is the sum of n terms if r=1 and each term equals a1?
Answer: Sn=na1. When r=1, all terms equal a1, so sum is n times a1.
Flashcard 27: What is the last term an of a geometric sequence in terms of a1, r, and n?
Answer: an=a1rn−1. Formula for the n-th term of a geometric sequence.
Flashcard 28: State the geometric sum formula in terms of first term a1 and last term an.
Answer: Sn=1−ra1−anr. Substitute an=a1rn−1 into the standard formula.
Flashcard 29: What factor is pulled out when simplifying Sn−rSn to solve for Sn?
Answer: (1−r)Sn. Factor (1−r) from the left side to isolate Sn.
Flashcard 30: State the geometric sum formula in terms of first term a1 and last term an (alternate form).
Answer: Sn=r−1anr−a1. Alternative form by factoring out −1 from numerator and denominator.