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Find the value of the following expression and round to the nearest integer:

sum_(n=1)^(21)100(0.96)^(n-1)
Answer:

Find the value of the following expression and round to the nearest integer:\newlinen=121100(0.96)n1 \sum_{n=1}^{21} 100(0.96)^{n-1} \newlineAnswer:

Full solution

Q. Find the value of the following expression and round to the nearest integer:\newlinen=121100(0.96)n1 \sum_{n=1}^{21} 100(0.96)^{n-1} \newlineAnswer:
  1. Given values and formula: We are asked to evaluate a geometric series with the first term a=100a = 100 and the common ratio r=0.96r = 0.96. The sum of the first nn terms of a geometric series is given by the formula Sn=a(1rn)(1r)S_n = \frac{a(1 - r^n)}{(1 - r)}, where nn is the number of terms. In this case, we want to find the sum of the first 2121 terms.
  2. Calculate power of 0.96210.96^{21}: First, let's plug in the values into the formula for the sum of a geometric series: S21=100(10.9621)/(10.96)S_{21} = 100(1 - 0.96^{21}) / (1 - 0.96).
  3. Substitute values into formula: Now, we calculate the power of 0.96210.96^{21} using a calculator.
  4. Perform subtraction in numerator: After calculating, we find that 0.96210.96^{21} is approximately 0.452890.45289.
  5. Perform subtraction in denominator: We substitute this value back into the formula: S21=100(10.45289)(10.96)S_{21} = \frac{100(1 - 0.45289)}{(1 - 0.96)}.
  6. Divide numerator by denominator: Now, we perform the subtraction in the numerator: 10.45289=0.547111 - 0.45289 = 0.54711.
  7. Perform division and multiplication: Next, we perform the subtraction in the denominator: 10.96=0.041 - 0.96 = 0.04.
  8. Round to nearest integer: We now divide the numerator by the denominator: S21=100×0.54711/0.04S_{21} = 100 \times 0.54711 / 0.04.
  9. Round to nearest integer: We now divide the numerator by the denominator: S21=100×0.54711/0.04S_{21} = 100 \times 0.54711 / 0.04. Performing the division and multiplication, we get S21=100×13.6775S_{21} = 100 \times 13.6775.
  10. Round to nearest integer: We now divide the numerator by the denominator: S21=100×0.54711/0.04S_{21} = 100 \times 0.54711 / 0.04. Performing the division and multiplication, we get S21=100×13.6775S_{21} = 100 \times 13.6775. Multiplying 100100 by 13.677513.6775 gives us S21=1367.75S_{21} = 1367.75.
  11. Round to nearest integer: We now divide the numerator by the denominator: S21=100×0.54711/0.04S_{21} = 100 \times 0.54711 / 0.04. Performing the division and multiplication, we get S21=100×13.6775S_{21} = 100 \times 13.6775. Multiplying 100100 by 13.677513.6775 gives us S21=1367.75S_{21} = 1367.75. Finally, we round 1367.751367.75 to the nearest integer, which is 13681368.

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