{"id":451,"date":"2019-07-15T22:45:10","date_gmt":"2019-07-15T22:45:10","guid":{"rendered":"https:\/\/courses.lumenlearning.com\/waymakercollegealgebracorequisite\/chapter\/summary-series-and-their-notations\/"},"modified":"2019-07-15T22:45:10","modified_gmt":"2019-07-15T22:45:10","slug":"summary-series-and-their-notations","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/ntcc-collegealgebracorequisite\/chapter\/summary-series-and-their-notations\/","title":{"raw":"Summary: Series and Their Notations","rendered":"Summary: Series and Their Notations"},"content":{"raw":"\n<h2>Key Equations<\/h2>\n<table>\n<tbody>\n<tr>\n<td>sum of the first [latex]n[\/latex]\nterms of an arithmetic series<\/td>\n<td>[latex]{S}_{n}=\\dfrac{n\\left({a}_{1}+{a}_{n}\\right)}{2}[\/latex]<\/td>\n<\/tr>\n<tr>\n<td>sum of the first [latex]n[\/latex]\nterms of a geometric series<\/td>\n<td>[latex]{S}_{n}=\\dfrac{{a}_{1}\\left(1-{r}^{n}\\right)}{1-r} , r\\ne 1[\/latex]<\/td>\n<\/tr>\n<tr>\n<td>sum of an infinite geometric series with [latex]-1&lt;r&lt;1[\/latex]<\/td>\n<td>[latex]{S}_{n}=\\dfrac{{a}_{1}}{1-r} [\/latex]<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>Key Concepts<\/h2>\n<ul>\n \t<li>The sum of the terms in a sequence is called a series.<\/li>\n \t<li>A common notation for series is called summation notation, which uses the Greek letter sigma to represent the sum.<\/li>\n \t<li>The sum of the terms in an arithmetic sequence is called an arithmetic series.<\/li>\n \t<li>The sum of the first [latex]n[\/latex] terms of an arithmetic series can be found using a formula.<\/li>\n \t<li>The sum of the terms in a geometric sequence is called a geometric series.<\/li>\n \t<li>The sum of the first [latex]n[\/latex] terms of a geometric series can be found using a formula.<\/li>\n \t<li>The sum of an infinite series exists if the series is geometric with [latex]-1&lt;r&lt;1[\/latex].<\/li>\n \t<li>If the sum of an infinite series exists, it can be found using a formula.<\/li>\n \t<li>An annuity is an account into which the investor makes a series of regularly scheduled payments. The value of an annuity can be found using geometric series.<\/li>\n<\/ul>\n<h2>Glossary<\/h2>\n<strong>annuity<\/strong> an investment in which the purchaser makes a sequence of periodic, equal payments\n\n<strong>arithmetic series<\/strong> the sum of the terms in an arithmetic sequence\n\n<strong>diverge<\/strong> a series is said to diverge if the sum is not a real number\n\n<strong>geometric series<\/strong> the sum of the terms in a geometric sequence\n\n<strong>index of summation<\/strong> in summation notation, the variable used in the explicit formula for the terms of a series and written below the sigma with the lower limit of summation\n\n<strong>infinite series<\/strong> the sum of the terms in an infinite sequence\n\n<strong>lower limit of summation<\/strong> the number used in the explicit formula to find the first term in a series\n\n<strong>nth partial sum<\/strong> the sum of the first [latex]n[\/latex] terms of a sequence\n\n<strong>series<\/strong> the sum of the terms in a sequence\n\n<strong>summation notation<\/strong> a notation for series using the Greek letter sigma; it includes an explicit formula and specifies the first and last terms in the series\n\n<strong>upper limit of summation<\/strong> the number used in the explicit formula to find the last term in a series\n","rendered":"<h2>Key Equations<\/h2>\n<table>\n<tbody>\n<tr>\n<td>sum of the first [latex]n[\/latex]<br \/>\nterms of an arithmetic series<\/td>\n<td>[latex]{S}_{n}=\\dfrac{n\\left({a}_{1}+{a}_{n}\\right)}{2}[\/latex]<\/td>\n<\/tr>\n<tr>\n<td>sum of the first [latex]n[\/latex]<br \/>\nterms of a geometric series<\/td>\n<td>[latex]{S}_{n}=\\dfrac{{a}_{1}\\left(1-{r}^{n}\\right)}{1-r} , r\\ne 1[\/latex]<\/td>\n<\/tr>\n<tr>\n<td>sum of an infinite geometric series with [latex]-1<r<1[\/latex]<\/td>\n<td>[latex]{S}_{n}=\\dfrac{{a}_{1}}{1-r}[\/latex]<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>Key Concepts<\/h2>\n<ul>\n<li>The sum of the terms in a sequence is called a series.<\/li>\n<li>A common notation for series is called summation notation, which uses the Greek letter sigma to represent the sum.<\/li>\n<li>The sum of the terms in an arithmetic sequence is called an arithmetic series.<\/li>\n<li>The sum of the first [latex]n[\/latex] terms of an arithmetic series can be found using a formula.<\/li>\n<li>The sum of the terms in a geometric sequence is called a geometric series.<\/li>\n<li>The sum of the first [latex]n[\/latex] terms of a geometric series can be found using a formula.<\/li>\n<li>The sum of an infinite series exists if the series is geometric with [latex]-1<r<1[\/latex].<\/li>\n<li>If the sum of an infinite series exists, it can be found using a formula.<\/li>\n<li>An annuity is an account into which the investor makes a series of regularly scheduled payments. The value of an annuity can be found using geometric series.<\/li>\n<\/ul>\n<h2>Glossary<\/h2>\n<p><strong>annuity<\/strong> an investment in which the purchaser makes a sequence of periodic, equal payments<\/p>\n<p><strong>arithmetic series<\/strong> the sum of the terms in an arithmetic sequence<\/p>\n<p><strong>diverge<\/strong> a series is said to diverge if the sum is not a real number<\/p>\n<p><strong>geometric series<\/strong> the sum of the terms in a geometric sequence<\/p>\n<p><strong>index of summation<\/strong> in summation notation, the variable used in the explicit formula for the terms of a series and written below the sigma with the lower limit of summation<\/p>\n<p><strong>infinite series<\/strong> the sum of the terms in an infinite sequence<\/p>\n<p><strong>lower limit of summation<\/strong> the number used in the explicit formula to find the first term in a series<\/p>\n<p><strong>nth partial sum<\/strong> the sum of the first [latex]n[\/latex] terms of a sequence<\/p>\n<p><strong>series<\/strong> the sum of the terms in a sequence<\/p>\n<p><strong>summation notation<\/strong> a notation for series using the Greek letter sigma; it includes an explicit formula and specifies the first and last terms in the series<\/p>\n<p><strong>upper limit of summation<\/strong> the number used in the explicit formula to find the last term in a series<\/p>\n\n\t\t\t <section class=\"citations-section\" role=\"contentinfo\">\n\t\t\t <h3>Candela Citations<\/h3>\n\t\t\t\t\t <div>\n\t\t\t\t\t\t <div id=\"citation-list-451\">\n\t\t\t\t\t\t\t <div class=\"licensing\"><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Original<\/div><ul class=\"citation-list\"><li>Revision and Adaptation. <strong>Provided by<\/strong>: Lumen Learning. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Shared previously<\/div><ul class=\"citation-list\"><li>College Algebra. <strong>Authored by<\/strong>: Abramson, Jay et al.. <strong>Provided by<\/strong>: OpenStax. <strong>Located at<\/strong>: <a target=\"_blank\" href=\"http:\/\/cnx.org\/contents\/9b08c294-057f-4201-9f48-5d6ad992740d@5.2\">http:\/\/cnx.org\/contents\/9b08c294-057f-4201-9f48-5d6ad992740d@5.2<\/a>. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em>. <strong>License Terms<\/strong>: Download for free at http:\/\/cnx.org\/contents\/9b08c294-057f-4201-9f48-5d6ad992740d@5.2<\/li><\/ul><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Specific attribution<\/div><ul class=\"citation-list\"><li>Precalculus. <strong>Authored by<\/strong>: OpenStax College. <strong>Provided by<\/strong>: OpenStax. <strong>Located at<\/strong>: <a target=\"_blank\" href=\"http:\/\/cnx.org\/contents\/fd53eae1-fa23-47c7-bb1b-972349835c3c@5.175:1\/Preface\">http:\/\/cnx.org\/contents\/fd53eae1-fa23-47c7-bb1b-972349835c3c@5.175:1\/Preface<\/a>. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section>","protected":false},"author":17533,"menu_order":20,"template":"","meta":{"_candela_citation":"[{\"type\":\"cc-attribution\",\"description\":\"Precalculus\",\"author\":\"OpenStax College\",\"organization\":\"OpenStax\",\"url\":\"http:\/\/cnx.org\/contents\/fd53eae1-fa23-47c7-bb1b-972349835c3c@5.175:1\/Preface\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"},{\"type\":\"original\",\"description\":\"Revision and Adaptation\",\"author\":\"\",\"organization\":\"Lumen Learning\",\"url\":\"\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"},{\"type\":\"cc\",\"description\":\"College Algebra\",\"author\":\"Abramson, Jay et al.\",\"organization\":\"OpenStax\",\"url\":\"http:\/\/cnx.org\/contents\/9b08c294-057f-4201-9f48-5d6ad992740d@5.2\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"Download for free at 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