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You are paid $15\%$ interest on your deposit at the end of each year (per annum).

We refer to $£A$ as the principal balance. Simple and Compound Interest Simple Interest For example, \ so the sequence is neither arithmetic nor geometric. Unit test Test your knowledge of all skills in this unit. Quiz 3: 5 questions Practice what you’ve learned, and level up on the above skills. A series does not have to be the sum of all the terms in a sequence. Quiz 2: 5 questions Practice what you’ve learned, and level up on the above skills. The starting index is written underneath and the final index above, and the sequence to be summed is written on the right. We call the sum of the terms in a sequence a series. The Summation Operator, $\sum$, is used to denote the sum of a sequence. If the dots have nothing after them, the sequence is infinite. If the dots are followed by a final number, the sequence is finite. Note: The 'three dots' notation stands in for missing terms. is a finite sequence whose end value is $19$.Īn infinite sequence is a sequence in which the terms go on forever, for example $2, 5, 8, \dotso$. For example, $1, 3, 5, 7, 9$ is a sequence of odd numbers.Ī finite sequence is a sequence which ends. Contents Toggle Main Menu 1 Sequences 2 The Summation Operator 3 Rules of the Summation Operator 3.1 Constant Rule 3.2 Constant Multiple Rule 3.3 The Sum of Sequences Rule 3.4 Worked Examples 4 Arithmetic sequence 4.1 Worked Examples 5 Geometric Sequence 6 A Special Case of the Geometric Progression 6.1 Worked Examples 7 Arithmetic or Geometric? 7.1 Arithmetic? 7.2 Geometric? 8 Simple and Compound Interest 8.1 Simple Interest 8.2 Compound Interest 8.3 Worked Examples 9 Video Examples 10 Test Yourself 11 External Resources SequencesĪ sequence is a list of numbers which are written in a particular order.