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Questions of application of arithmetic and geometric progression in business?
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Why is geometric progression preferred over arithmetic progression?
The question cannot be answered because it assumes something which is simply not true. There are some situations in which arithmetic progression is more appropriate and others in which geometric progression is more appropriate. Neither of them is "preferred".
What is the difference between arithmetic progression and geometric progression?
In an arithmetic progression the difference between each term (except the first) and the one before is a constant. In a geometric progression, their ratio is a constant. That is, Arithmetic progression U(n) - U(n-1) = d, where d, the common difference, is a constant and n = 2, 3, 4, ... Equivalently, U(n) = U(n-1) + d = U(1) + (n-1)*d Geometric progression U(n) / U(n-1) = r, where r, the common ratio is a non-zero constant and n = 2, 3, 4, ... Equivalently, U(n) = U(n-1)*r = U(1)*r^(n-1).
Application of geometric progression in business?
Immediately springing to mind, geometric progression is used in accountancy in finding the Net Present Value of projects (specifically, the value of money each year based on the discount factor). It is also used in annuities, working out monthly repayments of loans and values of investments - compound interest is a geometric progression.
Formula to find out the sum of n terms?
It is not possible to answer this question without information on whether the terms are of an arithmetic or geometric (or other) progression, and what the starting term is.
How do arithmetic and geometric sequences compare to continuous functions?
an arithmetic sequeunce does not have the sum to infinty, and a geometric sequence has.
What is the mathematical concept of arithmetic progression?
i need mathematical approach to arithmetic progression and geometric progression.
What are the applications of arithmetic progression and geometric progression in business applications?
=Mathematical Designs and patterns can be made using notions of Arithmetic progression and geometric progression. AP techniques can be applied in engineering which helps this field to a large extent....=
Why is geometric progression preferred over arithmetic progression?
The question cannot be answered because it assumes something which is simply not true. There are some situations in which arithmetic progression is more appropriate and others in which geometric progression is more appropriate. Neither of them is "preferred".
Practical use of arithmetic progression?
Arithmetic progression and geometric progression are used in mathematical designs and patterns and also used in all engineering projects involving designs.
Is -10 -6 -2 2 6 arithmetic or geometric or neither?
Its an arithmetic progression with a step of +4.
What is the sum of the first 15 terms of an arithmetic?
For an Arithmetic Progression, Sum = 15[a + 7d].{a = first term and d = common difference} For a Geometric Progression, Sum = a[1-r^15]/(r-1).{r = common ratio }.
What is the difference between arithmetic progression and geometric progression?
In an arithmetic progression the difference between each term (except the first) and the one before is a constant. In a geometric progression, their ratio is a constant. That is, Arithmetic progression U(n) - U(n-1) = d, where d, the common difference, is a constant and n = 2, 3, 4, ... Equivalently, U(n) = U(n-1) + d = U(1) + (n-1)*d Geometric progression U(n) / U(n-1) = r, where r, the common ratio is a non-zero constant and n = 2, 3, 4, ... Equivalently, U(n) = U(n-1)*r = U(1)*r^(n-1).
A sequence in which each term is multiplied by the same value to get the next term?
This is referred to as a geometric progression - as opposed to an arithmetic progression, where each new number is achieved via addition or subtraction.
Application of geometric progression in business?
Immediately springing to mind, geometric progression is used in accountancy in finding the Net Present Value of projects (specifically, the value of money each year based on the discount factor). It is also used in annuities, working out monthly repayments of loans and values of investments - compound interest is a geometric progression.
Is Fibonacci arithmetic or geometric?
Geometric
Formula to find out the sum of n terms?
It is not possible to answer this question without information on whether the terms are of an arithmetic or geometric (or other) progression, and what the starting term is.
What is a geometric property?
1.The Geometric mean is less then the arithmetic mean. GEOMETRIC MEAN < ARITHMETIC MEAN 2.
