Suppose S = 1dk +-+--+. . . + (1+k)n+1 k-0.07, and n-20. Round your final answer...

Question

Question

Suppose S = 1dk +-+--+. . . + (1+k)n+1 k-0.07, and n-20. Round your final answer to two decimal places. btain the value of S if d-4, g-0.01,

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Answer 1

Answer #1

S = 4/(1+0.07) + 4*(1+0.01)/(1+0.07)² + 4*1.01²/1.07³......+ 4*1.01²⁰/1.07²¹ =

S = 4/1.07 *(1 + 1.01/1.07 + (1.01/1.07)².....(1.01/1.07)²⁰

S= 4/1.07 * ((1.01/1.07)²⁰-1)/(1.01/1.07-1) = 46.82

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Answer 2

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