The first question in the above image is based on the relation of Arithmetic series and Geometric Series. The second question in the above image is based on the formula of sum of geometric series. The ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

In the investment world, it’s common to discuss average rates of return. It’s not sufficient, however, to simply add up historical returns and divide by how many there are. The proper way to calculate ...

You will need to be confident with arithmetic sequences and the 𝑛th term rule to understand these other types of sequences. A geometric sequence contains numbers that are multiplied by a certain ...

Michael Bromberg is a finance editor with a decade of experience. He is an expert at elucidating complex financial topics in clear, concise language. Michael received a Bachelor of Arts in literature ...

Each term in this sequence is doubling (multiplying by 2) to create the next term. Number sequences are sets of numbers that follow a pattern or a rule. If the rule is to multiply or divide by a ...