Section 11.7: Summary of Financial Formulas

11.7 Outline

  1. Definition of variables
  2. Classification of financial formulas
    1. simple interest formula
    2. compound interest formula
    3. future value problem
    4. present value problem
    5. ordinary annuity
    6. present value of an annuity
    7. sinking fund
    8. amortization

11.7 Essential Ideas

11.7.1See the whole entry

Section 11.4: Series

11.4 Outline

  1. Finite series
    1. define series
    2. definition
    3. alternating series
  2. Summation notation
    1. definition
    2. sigma notation
    3. evaluate a summation
    4. expand a summation
  3. Arithmetic series
    1. definition
    2. formula
  4. Geometric series
    1. definition
    2. formula
  5. Infinite geometric series
    1. definition
    2. partial sums
    3. formula
  6. Summary of sequence and series
See the whole entry

Section 11.3: Sequences

11.3 Outline

  1. Sequences or Progressions
  2. Arithmetic sequences
    1. define sequence
    2. definition
    3. general term
  3. Geometric sequences
    1. definition
    2. general term
  4. Fibonacci-type sequences
    1. definition
    2. general term
  5. Procedure for classifying sequences

 

11.3 Essential Ideas

An arithmetic sequence is a sequence whose consecutive terms differ … See the whole entry