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21. Sequences A list of numbers following a certain pattern a1 , a2 , a3 , a4 , … , an , … Pattern is determined by position or by what has come before 3, 6, 12, , , …
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Defined by n(position)
Find the first four terms and the 100th term for the following:
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Defined Recursively Find the first five terms for the following:
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Partial Sums Adding the first n terms of a sequence, the nth partial sum:
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Partial Sums – continued
Find the first 4 partial sums and then the nth partial sum for the sequence defined by:
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Sigma Notation, Write the following without sigma notation:
Find the value of the sum:
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22. Arithmetic Sequences 4, 7, 10, 13, 16, … 81, 75, 69, 63, 57, …
Consider the following sequences: 4, 7, 10, 13, 16, … 81, 75, 69, 63, 57, …
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Definition An arithmetic sequence is the following:
with a as the first term and d as the common difference.
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Example 1
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Partial Sum Find the 1000th partial sum for arithmetic sequence with a = 1, d = 1:
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Partial Sum – continued
Find the 7th partial sum for arithmetic sequence with a = 10, d = 7:
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Example 2 For the month of June, you got $4 on the first day, $7 on the second day, $10 on the third day and so on. How much did you receive in total by the end of the month?
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23. Geometric Sequences Consider the following sequences:
3, 6, 12, 24, 48, … 81, 27, 9, 3, 1, …
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Definition A geometric sequence is the following:
with a as the first term and r as the common ratio.
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Examples Find the common ratio, the nth term, and the 5th term.
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Partial Sum & Infinite Sums
The partial sum of a geometric sequence looks like:
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Infinite Sums
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Examples Find the sum of the infinite geometric series:
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24. Mathematics of Finance
Two situations that use geometric sequences: Annuity – money paid in equal payments to become a lump sum (the amount of the annuity, Af, is the sum of all payments plus any interest accrued.) Installment Buying – lump sum borrowed now and paid back in equal payments, how much is paid monthly on a loan for a car, house, …? how much can be borrowed if a certain monthly payment is possible?
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Annuities Make yearly payments of $200 to an account that has an annual interest rate of 5%. What is the account worth after the 10th payment is made?
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Annuities (in general)
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Installment Buying
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Example 1
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Example 2
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