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Session 3: Progression
Apratim Guha
Phone: 4803; email: apratim@iimahd.ernet.in
Progression: A progression is an infinite sequence t1 , t2 , t3 , .
Arithmetic Progression
Geometric Progression
Definition: A progression is called a geometric progression if the n-th term of the sequence
is given by tn = a rn1 for some positive a and r, where n = 1, 2, .
Clearly a is the first term and r is the common ratio of a G.P., which means
Property 1: the common ratio r =
tn+1
.
tn
Problem 2.1: Find the eighth and tenth terms of the G.P. series 2, 4, 8, 16,
Probelm 2.2: Which term of the following series is 576? 4.5, 9, 18,
Problem 2.3: FInd three numbers in G. P. whose sum is 26 and the product is 216.
Probelm 4: Find the value of k if k 3, 2k 3 and 4k + 3 are in G.P.
P
Property 2: Sum of the first n terms:Sn = ni=1 tn is given by
a(1 rn )
a
.
(1 r)2
24
20
+ 32
+ .
Problem 2.8: Find the sum of the following infinite series: 4+4+3+2+ 16
.
2
2
n
(n + 1)
2
1
2. 12 + 22 + 32 + + n2 = n(n + 1)(2n + 1)
6
nn
o2
3. 13 + 23 + 33 + + n3 =
(n + 1)
2
Problem 3.1: Find the sum of the given series to n terms:
1 2 4 + 2 3 7 + 3 4 10 +
Additional Problems
Problem A1: Find the sum of the first n terms of the following series:
1 + (1 + 2) + (1 + 2 + 3) +
Problem A2: Find the sum to n terms of the series
1 + (1 + 4) + (1 + 4 + 42 ) + (1 + 4 + 42 + 43 ) + .
Problem A3: Compound interest: suppose the bank gives a certain rate of interest, compounding monthly, on any fixed deposit. However, they deduct a tax deducted at
source (TDS) of 10% of whatever amount you are supposed to receive as interest.
Suppose that you have put Rs.1 lakh in the bank on January 1st, and you are expected
to receive a net amount of Rs.109434.18 back on December 31st after deduction of
TDS. What is the annual rate of interest paid by the bank? What is the annual
effective rate(AER) of interest?
Problem A4: You have taken a bank loan of Rs.1 lakh for a year, which you are to repay
in 12 equal monthly instalments. The bank charges an annual interest rate of 12% on
bank loans, compounding monthly on the remaining balance. What is your monthly
instalment amount? What is the annual effective rate of interest (AER)?