Business Mathematics and Basic Statistics · Ch 7 — Arithmetic and Geometric Progressions
Arithmetic Progression: First Term and Common Difference
Arithmetic Progression: First Term and Common Difference
An Arithmetic Progression (AP) is a sequence in which the difference between any term and the one immediately before it is always the same constant. This constant is called the common difference, denoted :
The first term is denoted (so ). Once and are known, the entire AP is determined — every subsequent term is obtained by repeatedly adding :
Example: in the AP , the first term is and the common difference is (checked again: , — constant, confirming this genuinely is an AP).
Can Be Negative or a Fraction
A common difference is not required to be a positive whole number. The sequence is an AP with and (a decreasing AP — this is exactly the pattern behind straight-line depreciation, where a fixed amount is subtracted from the book value every year). Likewise may be a fraction, e.g. has . …
The constant amount added to each term of an Arithmetic Progression to obtain the next term: $d = T_{n+1}- …