Ask Business Management Expert

1. For the sequence 18, -9,9/2, -9/4, .....

(a) Write down a formula for the ith term, Ti;

(b) Using (a), or otherwise, find T12. Express your answer as a fraction in simplest form;

(c) Write down using summation notation a formula for the sum of the first n terms. If this formula simplifies, then simplify it;

(d) Compute S12 and S∞. Express S12 correct to three decimal places. Express S∞ exactly as an improper fraction.

2. Using a geometric series, write 0.25252525... as a rational number (i.e. a proper fraction).

3. James puts $8,500 in a bank for superannuation purposes, with an interest rate of 2.5% per year. The interest is added at the end of each year, and the interest rate is applied to the new amount over the next year. After how many years (as a whole number) will James have a total of $35,000 in the superannuation account?

4. In an arithmetic progression, T1, T2, . . . it is known that T6 = 34 and T12 = 56.

(a) Determine a formula for the ith term of this sequence;

(b) Using (a), or otherwise, find the term T15 of the sequence.

5. Bob is working part-time at an annual salary of $17,900. After each year he receives an increase of $950. What is his salary in his 13th year? What are his total earnings over the first 13 years?

6. A bucket contains three pink balls, five green balls and two yellow balls. (a) In total, how many different ways can the balls be drawn out of the bucket? Hint: Here we are not concerned about the colour of the balls; think of each ball as different. (b) How many ways could I draw a pink ball, then a green ball and finally a yellow ball out of the bucket? What is the probability of this occurring?

7. Using an appropriate combination nCr, what is the coefficient of x^6 in the expansion of(3 - 2x)^10? Note: You do not have to write out the full expansion to determine the required coefficient. Be sure to state the name of any theorem you use.

8. A simple, ordinary annuity has $300 paid in each month and provides an interest rate of 0.5% per month. Find (a) The value of the annuity after 10 months; (b) The value of the annuity after 12 years. Note: You may assume the financial institution uses simple rounding to the nearest cent

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92236994
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Business Management

Name a company that addressed a recent ethical problem in a

Name a company that addressed a recent ethical problem in a positive way. Also, explain how or if this positively affects us as a community?

When it is appropriate to use the trade-off process what

When it is appropriate to use the trade-off process. What conditions apply, and the technical evaluation criteria that might be used?

Need help with a essay with the following phrase for

Need help with a essay with the following phrase for analyzing : " Capitalism is at the heart of how people and organisations are managed in contemporary society" May i ask for a better explanation of the question? Also ...

How could these three tenets of the auburn creed be used to

How could these three tenets of the Auburn Creed be used to motivate others: "I believe that this is a practical word and that I can count only on what I earn. Therefore, I believe in work, hard work." "I believe in educ ...

How can these two tenets of the auburn creed by used in

How can these two tenets of the Auburn Creed by used in addressing teamwork issues: "I believe in honesty and truthfulness, without which I cannot win the respect and confidence of my fellow men." "I believe in the human ...

Discuss the advantages of having and interacting in a

Discuss the advantages of having and interacting in a diverse workplace. Consider the wide range of ideas and perspectives that a range of team members bring to a team, that are of differing ages, ethnic backgrounds and ...

Parmigiano-reggiano global recognition of geographical

Parmigiano-Reggiano: Global Recognition of Geographical Indications What historical factors have helped support the consortium's claims for the geographic specificity of Parmigiano-Reggiano and Parmesan? What are the eco ...

Communication planthis communication plan will be a roadmap

Communication Plan This communication plan will be a roadmap on how the new division will best be able to communicate with Biotech's corporate headquarters, suppliers, other divisions, and internally. This should lay out ...

Discuss strategies to obtain feedback from a customer and

Discuss strategies to obtain feedback from a customer and clients when working in sales.

Describe different networking methods and the advantages

Describe different networking methods and the advantages and disadvantages of them?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As