Business Mathematics and Basic Statistics · Ch 7 — Arithmetic and Geometric Progressions
Geometric Progression: First Term and Common Ratio
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Geometric Progression: First Term and Common Ratio
A Geometric Progression (GP) is a sequence in which the ratio of any term to the one immediately before it is always the same constant (and no term is zero). This constant is called the common ratio, denoted :
The first term is again denoted . Once and are known, the whole GP is determined by repeatedly multiplying by :
Example: in the GP , the first term is and the common ratio is (checked again: , — constant).
Note
Can Be a Proper Fraction …
Definition 3Common ratio (r)
The constant factor by which each term of a Geometric Progression is multiplied to obtain the next term: for every (wit …