Question 34412This question is from textbook College Algebra
: The linear function is an arithmetic sequence. The exponential function is related to the geometric sequence. Give at least two real-life examples of a sequences or series. One example should be arithmetic, and the second should be geometric. Explain how these examples would affect you personally.
Can someone please help me with this question(s). Maybe the example could apply to me on a job. I need help, please?
This question is from textbook College Algebra
Answer by venugopalramana(3286)   (Show Source):
You can put this solution on YOUR website! REAL LIFE EXAMPLES...
ARITHMATIC / PROGRESSION/SERIES....A.P.
SUPPOSE YOU ARE SAVING YOUR MONEY IN A BANK BY SYSTEMATIC PLAN OF
DEPOSITING 100 $ A MONTH...THEN STARTING WITH A 100$ ACCOUNT YOUR
MONEY IN CREDIT WITHOUT INTEREST ,WOULD BE AN EXAMPLE OF A.P...IT
WILL BE..... TAKING MONTH AS AN INDEX...
100,200,300,400......
GEOMETRIC PROGRESSION/SERIES.....G.P.
IN A SIMILAR WAY SUPPOSE YOU DEPOSITED 1000 $ IN A BANK FOR INTEREST
OF 4% PER YEAR,AND THE INTEREST IS CALCULATED AT THE END EVERY YEAR
AND ADDED TO THE PRINCIPAL,THEN THE AMOUNT GROWN AT THE END OF YEAR IS
AN EXAMPLE OF G.P.TAKING YEAR AS N INDEX....THE AMOUNT AT THE END OF
SUCCESSIVE YEARS IS .....
1000,1000*1.04,1000*1.04^2,1000*1.04^3....ETC...
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