SOLUTION: I need help understanding geometric sequences, I have this really hard problem that I just do not understand, can someone please help. Stock prices...equation P+P(1+i/1+r)+P(1+i/1+

Question 617758: I need help understanding geometric sequences, I have this really hard problem that I just do not understand, can someone please help. Stock prices...equation P+P(1+i/1+r)+P(1+i/1+r)squared... I need to find the most to pay. i=interest added anually r+annual rate of return.
Answer by Theo(13342) (Show Source): You can put this solution on YOUR website!
forget the equation.
just write down what the problem statement is word for word.
if it's financial and has to do with future value of a present amount or payments on a loan or an annuity or something like that, i should be able to figure it out.
send me an email.
i'll respond by early tomorrow morning the latest if i am able to answer it for you.

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