Geometric Sequence | Math Help

Geometric Sequence | Math Help

Our Courses A geometric sequence is also referred as a geometric progression. Each term of a geometric sequence can be obtained from the previous one my multiplying by the same non-zero constant. For example, \(2, \ 6, \ 18, \ 54, \cdots \) is a geometric sequence as each term can be obtained by multiplying […]

Understanding Number Sequence

Understanding Number Sequence

Number Sequence or progression is ordered list of numbers defined by a pattern or rule. The numbers in the sequence are said to be its numbers or its terms. A sequence which continues indefinitely is called an infinite sequence. A sequence which ends is called finite sequence. For example, 2, 5, 8, 11, … form […]

Geometric Series for Time Payments

Geometric Series for Time Payments

Time payments is are calculated based on Geometric Series for reducible compound interests. Basically geometric series formula is used for handling this situation. Worked Examples of Geometric Series for Time Payments 1 John takes out a loan of $100 000 on 1st January 2001 for a home loan. Interest is charged at 12 % per […]