19th Edition

ISBN: 9780998625720

Author: Lynn Marecek

Publisher: OpenStax College

Concept explainers

A sequence is defined as a collection of things. Series is defined to sum the things one by one in the sequence. It was invented by German mathematician Carl Friedrich Gauss.

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Textbook Question

Chapter 12.2, Problem 12.38TI

Find the sum of the first 50 terms of the arithmetic sequence whose general term is a n = 4 n + 3.

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Chapter 12.2, Problem 12.37TI

Chapter 12.2, Problem 12.39TI

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Compare the interest earned from #1 (where simple interest was used) to #5 (where compound interest was used). The principal, annual interest rate, and time were all the same; the only difference was that for #5, interest was compounded quarterly. Does the difference in interest earned make sense? Select one of the following statements. a. No, because more money should have been earned through simple interest than compound interest. b. Yes, because more money was earned through simple interest. For simple interest you earn interest on interest, not just on the amount of principal. c. No, because more money was earned through simple interest. For simple interest you earn interest on interest, not just on the amount of principal. d. Yes, because more money was earned when compounded quarterly. For compound interest you earn interest on interest, not just on the amount of principal.

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Sara would like to go on a vacation in 5 years and she expects her total costs to be $3000. If she invests $2500 into a savings account for those 5 years at 8% interest, compounding semi-annually, how much money will she have? Round your answer to the nearest cent. Show you work. Will she be able to go on vacation? Why or why not?

Chapter 12 Solutions

Intermediate Algebra

Ch. 12.1 - Write the first five terms of the sequence whose...Ch. 12.1 - Write the first five terms of the sequence whose...Ch. 12.1 - Write the first five terms of the sequence whose...Ch. 12.1 - Write the first five terms of the sequence whose...Ch. 12.1 - Write the first five terms of the sequence whose...Ch. 12.1 - Write the first five terms of the sequence whose...Ch. 12.1 - Find a general term for the sequence whose first...Ch. 12.1 - Find a general term for the sequence whose first...Ch. 12.1 - Find a general term for the sequence whose first...Ch. 12.1 - Find a general term for the sequence whose first...

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