Question

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Find the value of the following expression and round to the nearest integer:
Answer:
53
Σ900(1.04)n+1
n=1
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Answer 1

The formula for the sum of an infinite geometric series is given by:

S = a / (1 - r)

where "a" is the first term, and "r" is the common ratio.

In this case, "a" is 900 and "r" is 1.04, so the sum of the series can be calculated as:

S = 900 / (1 - 1.04) = 900 / -0.04 = -22,500

Rounding to the nearest integer, the answer is -22,500 rounded to -22500, which is approximately equal to -22,500