document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1172428>Question 1172428</A>: <I><SPAN STYLE=\"word-break: break-all;\">  <BR>\n" );
document.write( "Geometric series occur naturally in the solution of problems in<BR>\n" );
document.write( "finance. A geometric sequence with first term a, common ratio R,<BR>\n" );
document.write( "and n terms, is given as follows:<BR>\n" );
document.write( "𝑎, 𝑎𝑅, 𝑎𝑅^2, … , 𝑎𝑅^(𝑛−1)---->(2)\r<BR>\n" );
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document.write( "Find the sum of the geometric sequence in (2), denoted by<BR>\n" );
document.write( "𝑆𝑛.<BR>\n" );
document.write( "In finance problems, the number n may be the number of months or<BR>\n" );
document.write( "years. The number R is the compounding factor given by (1+r),<BR>\n" );
document.write( "related to the rate of interest, r. Each finance problem is unique and<BR>\n" );
document.write( "applying the geometric series formula upfront may lead to wrong<BR>\n" );
document.write( "answers. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #797449 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(52790)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ikleyn><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=ikleyn><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=797449\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .\r<BR>\n" );
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document.write( "On geometric progressions, &nbsp;see introductory lessons\r<BR>\n" );
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document.write( "&nbsp;&nbsp;&nbsp;&nbsp;- <A  rel=nofollow HREF=http://www.algebra.com/algebra/homework/Sequences-and-series/Geometric-progressions.lesson>Geometric progressions</A>\r<BR>\n" );
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document.write( "&nbsp;&nbsp;&nbsp;&nbsp;- <A  rel=nofollow HREF=http://www.algebra.com/algebra/homework/Sequences-and-series/The-proofs-of-the-formulas-for-geometric-progressions.lesson>The proofs of the formulas for geometric progressions</A> \r<BR>\n" );
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document.write( "in this site.\r<BR>\n" );
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document.write( "You will find there the formula for the sum of the first n terms of any geometric progression.\r<BR>\n" );
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document.write( " </SPAN>\n" );
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