Intermediate Algebra (6th Edition)

Published by Pearson
ISBN 10: 0321785045
ISBN 13: 978-0-32178-504-6

Chapter 11 - Section 11.4 - Partial Sums of Arithmetic and Geometric Sequences - Exercise Set - Page 659: 45

Answer

The fee paid for 20 days during the holiday rush is $\$3050$.

Work Step by Step

For the rental business, it can be represented by an arithmetic sequence, with $a_{1} = 200$ and $d = -5$, which the general term $a_{n} = 200 + (n - 1)(-5)$, where n is the number of days taken for the rental. The fee paid for 20 days during the holiday rush is $\sum\limits_{n=1}^{20} a_{n} = \sum\limits_{n=1}^{20} [200 + (n - 1)(-5)]$ = $\frac{20}{2}(200 + a_{20})$ = $\frac{20}{2}(200 + 105)$ ($\because a_{20} = 200 + (20 - 1)(-5) = 105$) = $\$3050$
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