Sum of N Terms Of An Arithmetic Progression Definitions
Instructions: Familiarize yourself with the following
terms. Be certain that you know the definition of each
term and where it corresponds in the Sum of N Terms of a Arithmetic Progression.
Sn=n/2[2a+(n-1)d]
d
is the common difference among the terms of an arithmetic progression.
a
is the first term in the sequence.
n
is the number of consecutive terms whose sum you want to calculate.
Sn
is the sum of the first n terms or in other words the number one is solving for.
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Chapter 5 Mathematics of Finance