Number Patterns

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An important skill in mathematics is to be able to:

  • recognise patterns in sets of numbers,
  • describe the patterns in words, and
  • continue the pattern

A list of numbers where there is a pattern is called a number sequence. The members (numbers) of a sequence are said to be its terms.

Example

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The above is a type of number sequence. The first term is   , the second is   , etc. The rule of the sequence is that "the sequence starts at 3 and each term is 4 more than the previous term."

Arithmetic Sequences

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An arithmetic sequence is a sequence in which each term differs from the previous by the same fixed number:

  is arithmetic as   etc

Algebraic Definition

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Within an arithmetic sequence, the  -th term is defined as follows:

 

Where   is defined as:

 


Here, the notation is as follows:

  is the first term of the sequence.

  is the number of terms in the sequence.

  is the common difference between terms in an arithmetic sequence.

Example

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Given the sequence   , the values of the notation are as follows:

 

And

 

Therefore

 

Thus we can determine any value within a sequence:

 

Arithmetic Series

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An arithmetic series is the addition of successive terms of an arithmetic sequence.

 

Sum of an Arithmetic Series

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Recall that if the first term is   and the common difference is   , then the terms are:

 

Suppose that   is the last or final term of an arithmetic series. Then, where   is the sum of the arithmetic series:

 

One can see that there there in fact   terms that look identical, thus:

 

Geometric Sequences

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A sequence is geometric if each term can be obtained from the previous one by multiplying by the same non-0 constant.

  is geometric as   and   and   .

Notice that

 

i.e., each term divided by the previous one is a non-0 constant.

Algebraic definition

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  is geometric   for all positive integers   , where   is a constant (the common ratio).

The 'Geometric' Mean

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If   are any consecutive terms of a geometric sequence, then

  {equating common ratios}

Therefore

  and so   where   is the geometric mean of   .

The General Term

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Suppose the first term of a geometric sequence is   and the common ratio is   .

Then   therefore   etc.

Thus  

  is the first term of the sequence.

  is the general term.

  is the common ratio between terms in an geometric sequence.

Geometric Series

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Compound Interest

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Compound interest is the interest earned on top of the original investment. The interest is added to the amount. Thus the investment grows by a large amount each time period.

Consider the following

You invest $1000 into a bank. You leave the money in the back for 3 years. You are paid an interest rate of 10% per annum (p.a.). The interest is added to your investment each year.

An interest rate of 10% p.a. is paid, increasing the value of your investment yearly.

Your percentage increase each year is 10%, i.e.,

 

So 110% of the value at the start of the year, which corresponds to a multiplier of 1.1.

After one year your investment is worth

 

After two years it is worth After three years it is worth
   
   
   
   
Note
  The initial investment
  The amount after 2 year
  The amount after 3 years
  The amount after 4 years
 
  The amount after   years

In general,  is used for compound growth, where

  is the initial investment

  is the growth multiplier

  is the number of years

  is the amount after   years