Can someone please help me work through this one? Find sum of geometric series: $\displaystyle 2 + 2*(0.35) + 2*(0.35)^2 + ... + 2*(0.35)^7$
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r = 0.35 a = 2 n = 8 S(8) = 2(1-0.35^8)/(1-0.35) = 3.07623019 Correct?
Originally Posted by relyt r = 0.35 a = 2 n = 8 S(8) = 2(1-0.35^8)/(1-0.35) = 3.07623019 Correct? If you have used the correct formula and done the arithmetic correctly then it will be the correct answer.
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