Each year a school allocates a sum of money for the library. The amount allocated each year increases by 2.5% of the amount allocated the previous year. In 2005 the school allocated $2000. Find the total amount allocated in the years 2005 to 2014 inclusive.
Two convergent geometric progressions, P and Q, have the same sum to infinity. The first and second terms of P are 6 and 6r respectively. The first and second terms of Q are 12 and -12r respectively. Find the value of the common sum to infinity.
A geometric progression is such that the third term is 8 times the sixth term, and the sum of the first six terms is 31\(\frac{1}{2}\). Find
The sum of the 1st and 2nd terms of a geometric progression is 50 and the sum of the 2nd and 3rd terms is 30. Find the sum to infinity.
A water tank holds 2000 litres when full. A small hole in the base is gradually getting bigger so that each day a greater amount of water is lost.
Assume instead that 10 litres of water are lost on the first day and that the amount of water lost increases by 10% on each succeeding day. Find what percentage of the original 2000 litres is left in the tank at the end of the 30th day after filling.