Quiz 10: Summing series
Question
Given the series  which of the statements below best describes it ?
Not correct. Choice (a)
is false.
Not correct. Choice (b)
is false.
Not correct. Choice (c)
is false.
Given the series  , which of the statements below best describes it ?
Your answer is correct.
 is arithmetic since it is of the form
 .
Not correct. Choice (b)
is false.
Not correct. Choice (c)
is false.
Not correct. Choice (d)
is false.
Given the series  , which of the statements below best describes it ?
Not correct. Choice (a)
is false.
Your answer is correct.

which is of the form  .
Not correct. Choice (c)
is false.
Not correct. Choice (d)
is false.
Find the sum of the series  .
Not correct. Choice (b)
is false.
Not correct. Choice (c)
is false.
Not correct. Choice (d)
is false.
Find the sum of the series
Not correct. Choice (a)
is false.
Not correct. Choice (b)
is false.
Not correct. Choice (c)
is false.
Find the sum of the series  .
Not correct. Choice (a)
is false.
Not correct. Choice (b)
is false.
Not correct. Choice (d)
is false.
Write the following in sigma notation
Not correct. Choice (a)
is false.
Not correct. Choice (c)
is false.
Not correct. Choice (d)
is false.
Find the sum of the series  .
Not correct. Choice (a)
is false.
Not correct. Choice (b)
is false.
Not correct. Choice (d)
is false.
$10000 is deposited in a bank account which pays 6% p.a. compounded every 6
months. The bank also charges $50 in fees every 6 months after calculating the
interest. How much is in the account after 3 years ?
Not correct. Choice (a)
is false.
Not correct. Choice (b)
is false.
Not correct. Choice (c)
is false.
Your answer is correct.
There are 6 periods of 6 months in 3 years earning 3%. At the end of the period we
have
Find the formula for the monthly repayments, R, on a 5 year $10000 car loan at a
fixed rate of 15% p.a. compounded monthly.
Your answer is correct.
The amount owing after n months is
After 60 months there is nothing owing so
After rearranging we get
Not correct. Choice (b)
is false.
Not correct. Choice (c)
is false.
Not correct. Choice (d)
is false.
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