Between each pair of terms in this sequence is the amount the sequence is decreasing by. The 𝒏th term refers to a term's position in the sequence, for example, the first term has 𝒏 = 1, the second ...
You will need to be confident with arithmetic sequences and the 𝑛th term rule to understand these other types of sequences. A geometric sequence contains numbers that are multiplied by a certain ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...