A company’s net cash flow in year nnn, denoted by PnP_nPn (in millions of dollars), follows a geometric progression with common ratio rrr.
You are given that:
Show that r r\,r satisfies the equation r2−2r−2=0r^2 - 2r - 2 = 0r2−2r−2=0.
Given that the sum of the cash flows over an infinite time period, ∑n=1∞Pn\sum_{n=1}^{\infty} P_n∑n=1∞Pn, is convergent,
find the exact value of P1P_1P1.
Hence, calculate the exact value of S∞S_\inftyS∞.
308 exam-style questions on OCR A Level Maths 1.4 Sequences and Series, covering 1.4.1 Binomial expansion for positive integer n, 1.4.2 Link to binomial probabilities, 1.4.3 Binomial expansion for rational n (A-level only), 1.4.4 Validity of the expansion (A-level only), 1.4.5 Sequences (A-level only), 1.4.6 Increasing, decreasing and periodic sequences (A-level only), 1.4.7 Sigma notation (A-level only), 1.4.8 Arithmetic sequences and series (A-level only), 1.4.9 Geometric sequences and series (A-level only), 1.4.10 Sum to infinity of a geometric series (A-level only), and 1.4.11 Modelling with sequences and series (A-level only). Each one has a worked solution and a mark scheme showing where the marks go.