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Tom has taken out a loan for college. He started paying off the loan with a first payment of $200. Each month he pays, he wants to pay back 1.2 times as the amount he paid the month before. Explain to Tom how to represent his first 30 payments in sigma notation. Then explain how to find the sum of his first 30 payments, using complete sentences. Explain why this series is convergent or divergent.

Respuesta :

Answer and workings in the attachment below. The mathematics is better explained using mathematics. No talking is really going to convince you how these sums are actually added up. You simply have to look at the attachments and analyse them using a careful eye. Examples concerning how sigma notation works has been provided. Remember that any value (excluding 0 itself) to the power of 0, is equal to 1.
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