Sums & Products: C. F. Gauss
Sums & Products: C. F. Gauss
Sums & Products: C. F. Gauss
Gauss
Copyright © Albert R. Meyer and Ronitt Rubinfeld, 2005. October 26, 2005 L8-2.1 Copyright © Albert R. Meyer and Ronitt Rubinfeld, 2005. October 26, 2005 L8-2.2
193 + ··· +
than the previous one.
232 + ··· +
323 + ··· + (So the story goes.)
Copyright © Albert R. Meyer and Ronitt Rubinfeld, 2005. October 26, 2005 L8-2.5 Copyright © Albert R. Meyer and Ronitt Rubinfeld, 2005. October 26, 2005 L8-2.6
1
Sum for Children Geometric Series
Copyright © Albert R. Meyer and Ronitt Rubinfeld, 2005. October 26, 2005 L8-2.7 Copyright © Albert R. Meyer and Ronitt Rubinfeld, 2005. October 26, 2005 L8-2.8
1 − x n +1
Gn =
1− x
Copyright © Albert R. Meyer and Ronitt Rubinfeld, 2005. October 26, 2005 L8-2.9 Copyright © Albert R. Meyer and Ronitt Rubinfeld, 2005. October 26, 2005 L8-2.10
Copyright © Albert R. Meyer and Ronitt Rubinfeld, 2005. October 26, 2005 L8-2.11 Copyright © Albert R. Meyer and Ronitt Rubinfeld, 2005. October 26, 2005 L8-2.12
2
Infinite Geometric Series Team Problem
∞
1
∑x n
=
1− x
Problem 1
n=0
for x < 1
Copyright © Albert R. Meyer and Ronitt Rubinfeld, 2005. October 26, 2005 L8-2.13 Copyright © Albert R. Meyer and Ronitt Rubinfeld, 2005. October 26, 2005 L8-2.14
Copyright © Albert R. Meyer and Ronitt Rubinfeld, 2005. October 26, 2005 L8-2.15 Copyright © Albert R. Meyer and Ronitt Rubinfeld, 2005. October 26, 2005 L8-2.16
3
The future value of $$ Annuities
I will pay you $100/year for 10 years
$n paid k years from now if you will pay me $Y now.
is worth $nrk today I can’t lose if you pay me
100r +100r2 +100r3 + … +100r10
where r ::= 1/bankrate. =100r(1+ r + … + r9)
= 100r(1−r10)/(1−r) = $853.02
Copyright © Albert R. Meyer and Ronitt Rubinfeld, 2005. October 26, 2005 L8-2.19 Copyright © Albert R. Meyer and Ronitt Rubinfeld, 2005. October 26, 2005 L8-2.20
Annuities
Manipulating Sums
I will pay you $100/year for 10 years
d n
1− x n+1
if you will pay me $853.02 now.
∑ x =
1− x
i
n x-(n+1)xn+1+nxn+2
∑ ixi =
i=1 (1-x)2 Problems
2,3
Copyright © Albert R. Meyer and Ronitt Rubinfeld, 2005. October 26, 2005 L8-2.23 Copyright © Albert R. Meyer and Ronitt Rubinfeld, 2005. October 26, 2005 L8-2.24