NthTerm Of A Geometric Progression Definitions

Instructions: Familiarize yourself with the following terms. Be certain that you know the definition of each term and where it corresponds in Finding the Nth Term of a Geometric Progression.
an= arn-1

r is the common multiple among the consecutive terms of a geometric progression.


a is the first term of the sequence.


n is the number of the term you are trying to find.


an is the nth term in a sequence or in other words the number one is trying to find out.


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Intro Geometric Progression
Chapter 5 Mathematics of Finance