Further Pure 1 Revision Topic 5: Sums of Series

Similar documents
physicsandmathstutor.com

CHAPTER : ARITHMETIC PROGRESSION CONTENTS. Idetify characteristics of arithmetic progressio PAGE 2.2 Determie whether a give sequece is a arithmetic p

A random variable is a variable whose value is a numerical outcome of a random phenomenon.

Solutions to Problem Sheet 1

Chapter 3. Compound interest

Single-Payment Factors (P/F, F/P) Single-Payment Factors (P/F, F/P) Single-Payment Factors (P/F, F/P)

11.7 (TAYLOR SERIES) NAME: SOLUTIONS 31 July 2018

Estimating Proportions with Confidence

When you click on Unit V in your course, you will see a TO DO LIST to assist you in starting your course.

STRAND: FINANCE. Unit 3 Loans and Mortgages TEXT. Contents. Section. 3.1 Annual Percentage Rate (APR) 3.2 APR for Repayment of Loans

Math 312, Intro. to Real Analysis: Homework #4 Solutions

Chapter 10 - Lecture 2 The independent two sample t-test and. confidence interval

We learned: $100 cash today is preferred over $100 a year from now

between 1 and 100. The teacher expected this task to take Guass several minutes to an hour to keep him busy but

The Limit of a Sequence (Brief Summary) 1

Subject CT5 Contingencies Core Technical. Syllabus. for the 2011 Examinations. The Faculty of Actuaries and Institute of Actuaries.

ISBN Copyright 2015 The Continental Press, Inc.

Maximum Empirical Likelihood Estimation (MELE)

1 The Power of Compounding

Limits of sequences. Contents 1. Introduction 2 2. Some notation for sequences The behaviour of infinite sequences 3

Chpt 5. Discrete Probability Distributions. 5-3 Mean, Variance, Standard Deviation, and Expectation

MA Lesson 11 Section 1.3. Solving Applied Problems with Linear Equations of one Variable

0.07. i PV Qa Q Q i n. Chapter 3, Section 2

Class Sessions 2, 3, and 4: The Time Value of Money

r i = a i + b i f b i = Cov[r i, f] The only parameters to be estimated for this model are a i 's, b i 's, σe 2 i


Statistics for Economics & Business

Overlapping Generations

Sequences and Series

Sampling Distributions and Estimation

Chapter 5: Sequences and Series

Standard Deviations for Normal Sampling Distributions are: For proportions For means _

Today: Finish Chapter 9 (Sections 9.6 to 9.8 and 9.9 Lesson 3)

FOUNDATION ACTED COURSE (FAC)

Section Mathematical Induction and Section Strong Induction and Well-Ordering

APPLICATION OF GEOMETRIC SEQUENCES AND SERIES: COMPOUND INTEREST AND ANNUITIES

Using Math to Understand Our World Project 5 Building Up Savings And Debt

1 Random Variables and Key Statistics

Variance and Standard Deviation (Tables) Lecture 10

Basic formula for confidence intervals. Formulas for estimating population variance Normal Uniform Proportion

Lecture 5: Sampling Distribution

5. Best Unbiased Estimators

SOCIETY OF ACTUARIES FINANCIAL MATHEMATICS EXAM FM SAMPLE SOLUTIONS

Notes on Expected Revenue from Auctions

Calculation of the Annual Equivalent Rate (AER)

Chapter 8. Confidence Interval Estimation. Copyright 2015, 2012, 2009 Pearson Education, Inc. Chapter 8, Slide 1

Fixed Income Securities

Fixed Income Securities

A New Constructive Proof of Graham's Theorem and More New Classes of Functionally Complete Functions

CHAPTER 2 PRICING OF BONDS

ENGINEERING ECONOMICS

. (The calculated sample mean is symbolized by x.)

Annual compounding, revisited

Section 3.3 Exercises Part A Simplify the following. 1. (3m 2 ) 5 2. x 7 x 11

EVEN NUMBERED EXERCISES IN CHAPTER 4

Solutions to Interest Theory Sample Questions

MS-E2114 Investment Science Exercise 2/2016, Solutions

Anomaly Correction by Optimal Trading Frequency

Math 124: Lecture for Week 10 of 17

2.6 Rational Functions and Their Graphs

CHAPTER 8 Estimating with Confidence

CAPITAL PROJECT SCREENING AND SELECTION

EXERCISE - BINOMIAL THEOREM

Institute of Actuaries of India Subject CT5 General Insurance, Life and Health Contingencies

A point estimate is the value of a statistic that estimates the value of a parameter.

Course FM Practice Exam 1 Solutions

Exam 2. Instructor: Cynthia Rudin TA: Dimitrios Bisias. October 25, 2011

Hopscotch and Explicit difference method for solving Black-Scholes PDE

FINANCIAL MATHEMATICS

Online appendices from The xva Challenge by Jon Gregory. APPENDIX 10A: Exposure and swaption analogy.

SCHOOL OF ACCOUNTING AND BUSINESS BSc. (APPLIED ACCOUNTING) GENERAL / SPECIAL DEGREE PROGRAMME

Osborne Books Update. Financial Statements of Limited Companies Tutorial

Introduction to Probability and Statistics Chapter 7

2. Find the annual percentage yield (APY), to the nearest hundredth of a %, for an account with an APR of 12% with daily compounding.

1 + r. k=1. (1 + r) k = A r 1

1 Estimating sensitivities

Chapter Six. Bond Prices 1/15/2018. Chapter 4, Part 2 Bonds, Bond Prices, Interest Rates and Holding Period Return.

1 ECON4415: International Economics Problem Set 4 - Solutions

Chapter Four Learning Objectives Valuing Monetary Payments Now and in the Future

Class Notes for Managerial Finance

Exam 1 Spring 2015 Statistics for Applications 3/5/2015

MATH : EXAM 2 REVIEW. A = P 1 + AP R ) ny

ad covexity Defie Macaulay duratio D Mod = r 1 = ( CF i i k (1 + r k) i ) (1.) (1 + r k) C = ( r ) = 1 ( CF i i(i + 1) (1 + r k) i+ k ) ( ( i k ) CF i


LESSON #66 - SEQUENCES COMMON CORE ALGEBRA II

Journal of Statistical Software

Date: Practice Test 6: Compound Interest

5 Statistical Inference

D 1 D 2 D 3 D. Stock Valuation Draft: 10/24/2004. Stock Valuation

Course FM/2 Practice Exam 1 Solutions

STAT 135 Solutions to Homework 3: 30 points

Combining imperfect data, and an introduction to data assimilation Ross Bannister, NCEO, September 2010

. The firm makes different types of furniture. Let x ( x1,..., x n. If the firm produces nothing it rents out the entire space and so has a profit of

Appendix 1 to Chapter 5

The material in this chapter is motivated by Experiment 9.

Unbiased estimators Estimators

of Asset Pricing R e = expected return

T4032-MB, Payroll Deductions Tables CPP, EI, and income tax deductions Manitoba Effective January 1, 2016

Models of Asset Pricing

Models of Asset Pricing

Transcription:

The OCR syllabus says that cadidates should: Further Pure Revisio Topic 5: Sums of Series Cadidates should be able to: (a) use the stadard results for Σr, Σr, Σr to fid related sums; (b) use the method of differeces to obtai the sum of a fiite series; (c) recogise, by direct cosideratio of the sum to terms, whe a series is coverget, ad fid the sum to ifiity i such cases Sectio : Usig stadard formulae for r, r, r You eed to lear the formula: r r ( ) The followig formulae are give i the formula book: r r ( )( ) r ( ) r 4 Note: (this should be obvious to you if it is t the you eed to remember it!) r The above formulae ca be used to fid the sum of series Worked examiatio questio (Edexcel Jue 004) (a) Show that ( r )( r 5) = (+ 7)( + 7) (4) r (b) Hece calculate the value of Solutio: a) wwwtheallpaperscom 40 r0 ( r )( r 5) () ( r )( r 5) ( r r 5) (expadig out brackets) r r We ext split up the summatio ito several separate sums: ( r )( r 5) r r 5 r r r r

So, usig the results from above: ( r )( r 5) ( )( ) ( ) 5 = ( )( ) ( ) 5 r We ca try factorisig this by takig out as a factor: r ( r )( r 5) ( )( ) 8( ) 0 Expadig out the cotets of the square brackets gives: r ( r )( r 5) 8 8 0 49 The cotets of the squared brackets ca ow be factorised We get the result: b) So: r ( r )( r 5) = (+ 7)( + 7) 40 40 9 ( r )( r 5) ( r )( r 5) ( r )( r 5) r0 r r 40 r0 Therefore, 40 r0 ( r)( r 5) 40(47)(87) 9 5 ( r)( r 5) 70 00 0 Examiatio questio: Edexcel Jue 00 Prove that r ( r ) ( )( + 5) wwwtheallpaperscom

Examiatio questio (AQA Jue 005) a) Use stadard formulae to show that r ( r ) ( )( ) r b) Use the result from part (a) to fid the value of r ( r) r4 Examiatio questio (AQA 00) a) Fid the sum of the itegers from to 00 iclusive b) Evaluate: 00 ( r r) r wwwtheallpaperscom

Examiatio questio (OCR May 004) (i) Use the formula for r to show that (ii) (iii) Show also that ( ) ( ) 4 ( ) ( ) Hece fid the sum of the series simplifyig your aswer 4 ( ) ( ), wwwtheallpaperscom

Sectio : Method of differeces Some series ca be summed usig a differece method Worked examiatio questio (AQA 00) a) Show that r r ( r ) r ( r ) b) Hece fid the sum of the first terms of the series 5 7 4 Solutio: a) Writig with a commo deomiator, we get Therefore, b) We wish to fid ( r) r r ( r ) r ( r ) r ( r ) r r r r r ( r ) r ( r ) r ( r ) r r r ( r) Usig the result from (a), this is equivalet to fidig r r ( r) Substitutig r =,,, ito this summatio gives: 4 ( ) Therefore, = ( ) r r ( r) ( ) Note: The series give i the above questio is coverget As the value of icreases (ie as the umber of terms gets bigger ad bigger), the sum of the series approaches (sice the value of will ted to zero) ( ) We write = r r ( r) wwwtheallpaperscom

Worked examiatio questio (Edexcel Ja 004) (a) Show that (r + ) (r ) Ar + B, where A ad B are costats to be foud (b) Prove by the method of differeces that r = ( + )( + ), > Solutio a) O removig the brackets we fid that r (r + ) (r ) = r r r r r r So, A = ad B = b) So, (r ) ( r ) ( r ) r r = r Workig out the right had side of this equatio (by substitutig r =,,, etc) gives: ie (r ) ( 0 ) ( ) ( 4 ) ( 5 r st term d term rd term 4th term r ( 4 5th term (r ) ( ) But the left-had side of this equatio is: Therefore: So: ie ) ( ( ) r r r r th term (r ) r r r = r ( ) ) ) (( ) ( ) th term r = ( ) ( ) r r = r So we get the result: r ( ) ( )( ) r = ( + )( + ) Examiatio questio (Adapted from Edexcel Jue 005) (a) Show that = 4r r r (b) Hece, or otherwise, prove that = 4r r ) wwwtheallpaperscom

(c) Hece fid the exact value of 0 r 4r Examiatio questio (adapted from Edexcel Ja 005) (a) Show that r( r ) r ( r ) (b) Hece prove, by the method of differeces, that 4 ( 5) = r( r ( )( ) 00 (c) Fid the value of 4 r 50 r( r ) r ), to 4 decimal places wwwtheallpaperscom

Examiatio questio (AQA Ja 005) a) Show that r ( r ) ( r ) r 4r b) Use the method of differeces to fid the value of 00 r r50 Examiatio questio (AQA Jue 004) a) Show that r( r ) ( r )( r ) r( r )( r ) b) Hece fid the sum of the series 4 45 0 givig your aswer as a ratioal umber, wwwtheallpaperscom

Examiatio Questio (OCR Jauary 005) 4 You are give that f() r ( r)( r) (i) Show that f() r r r (ii) Hece fid f() r (You eed ot express your aswer as a sigle fractio) r (iii) Show that the series i part (ii) is coverget, ad state its sum to ifiity wwwtheallpaperscom

Worked examiatio questio (OCR May 005) a) Show that b) (i) Give that (r ) ( ) r f() r rr ( ), show that f ( r ) f ( r) r( r )( r ) (ii) Hece fid r r( r )( r ) Solutio: a) (r ) (9r r ) 9 r r r r r r r Usig the stadard formulae give i sectio of these revisio otes, we see that r (r ) 9 ( )( ) ( ) = ( )( ) ( ) Takig out ½ as a factor, we get: r (r ) ( )( ) ( ) 9 b) If f() r rr ( ), the f( r) ( r)( r) So, f ( r ) f ( r) = - ( r)( r) rr ( ) r r Therefore, f ( r ) f ( r) = r( r )( r ) r( r )( r ) r( r )( r ) (ii) = r r( r )( r ) Therefore, r r r r ( f ( r ) f ( r)) r( r )( r ) r r = ( f () f()) ( f() f () ) ( f (4) f () ) ( f ( ) f ( ) ) ( )( ) ie r r( r )( r ) But, = f ( ) f () wwwtheallpaperscom

f () ad f( ) ( )( ) Therefore = f () f ( ) r r( r )( r ) ( )( ) 4 ( )( ) Examiatio questio (AQA Jue 00) a) Show that r r! ( r )! ( r )! b) Hece fid r r ( r )! Hit: I part (a), use the result that (r + )! = (r + )r! wwwtheallpaperscom