Suppose Obtain the value of S. Round your final answer to two decimal places. Please show...

Question

Question

Suppose 1.02 1.0231.025 1.027 . . .020 Obtain the value of S. Round your final answer to two decimal places.

Please show steps in getting the answer please, thank you!

Answer 1

Answer #1

This is a geometric progression with first term(a) as 1/1.02 and common ratio(r) as 1/1.02

We know sum of infinite geometric progression with first term a and common ratio r is a/(1-r)

Hence, S=(1/1.02)/(1-1/1.02)=50

Answer 2

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