This is part of the HSC Mathematics Advanced course under the topic of Financial Mathematics: Geometric sequences and series.
In this post, we will look at the Limiting Sum of a Geometric Series. To do this we will derive and use the formula for the limiting sum of a geometric series. This includes the following:
- Understand the limiting behaviour as n approach infinity and its application to a geometric series as a limiting sum
- Use the notation for a limiting sum
Limiting Sum (1 of 2: Introduction)