Sequences, Series, Finance
CHAPTER 1
Chapter 1: Sequences, Series, Finance
• Content:
– Introduction
– Sequences
• Basic definitions
• Limit of a sequence
– Series
• Partial sums
• Series and convergence of series
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Chapter 1: Sequences, Series, Finance
• Content-continued
– Finance
• Simple interest and compound interest
• Periodic payments
• Loan repayments, redemption tables
• Investment projects
• Depreciation
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1. Introduction
• Sequences and Series play important roles in business applications
• Several finance problems are approached through sequences and series
• This chapter will treat some of these topics
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SERIES CH01-PART2
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Series
• Partial Sums
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Series-Partial Sums
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Series-Partial Sums
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Series-Partial Sums
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Series-Partial Sums
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Series-Partial Sums
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Series-Partial Sums
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Example 2.14 (cont.)
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Example 2.14 (cont.)
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Example 2.14 (cont.)
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Series & Convergence of Series
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Series & Convergence of Series
Converges. We apply Theorem 2.1 to the partial sums {sn}.
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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Series & Convergence of Series
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