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BAC1 ss · Mathematics
Numbers · Financial mathematics

Arithmetic progressions

A savings account with simple interest adds the same interest every year. A monthly allowance that goes up by $2$ € each month also grows by the same amount every time. It is the arithmetic progression you already know from 3rd ESO, now applied to money.

Before you start, make sure you know: Arithmetic progressions (3rd ESO)
Before you start, make sure you know: Simple interest (3rd ESO)

Review: general term and common difference

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State which of the following sequences are arithmetic progressions and, where applicable, give the common difference: a) $4, 7, 10, 13, \ldots$ b) $2, 4, 8, 16, \ldots$…

State which of the following sequences are arithmetic progressions and, where applicable, give the common difference:

  1. a) $4, 7, 10, 13, \ldots$
  1. b) $2, 4, 8, 16, \ldots$
  1. c) $20, 17, 14, 11, \ldots$
  1. d) $1, 1, 1, 1, \ldots$
  1. e) $3, 7, 12, 18, \ldots$
Solve
Practice★☆☆Not started
An arithmetic progression has first term $a_1 = 5$ and common difference $d = 3$. a) Write its first five terms. b) Write the general term $a_n$. c) Calculate $a_{10}$.

An arithmetic progression has first term $a_1 = 5$ and common difference $d = 3$.

  1. a) Write its first five terms.
  1. b) Write the general term $a_n$.
  1. c) Calculate $a_{10}$.
Solve
Practice★☆☆Not started
In an arithmetic progression, $a_1 = 2$ and $a_5 = 14$. a) Calculate the common difference. b) Write the general term. c) What position does the term $26$ occupy?

In an arithmetic progression, $a_1 = 2$ and $a_5 = 14$.

  1. a) Calculate the common difference.
  1. b) Write the general term.
  1. c) What position does the term $26$ occupy?
Solve

Simple interest is an arithmetic progression

With simple interest, the interest is always calculated on the initial capital and is not added to the capital to earn more interest. That is why the same fixed amount is added every year.

Line graph of discrete points showing the constant growth of capital with simple interest over the years. C₀(1+r·n): a straight line each year it always rises by the same amount: C₀·r
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A savings account at $3 \%$ simple annual interest starts with an initial capital of $2.000\ \text{ €}$ that is not withdrawn: each year the same interest on the initial…

A savings account at $3 \%$ simple annual interest starts with an initial capital of $2.000\ \text{ €}$ that is not withdrawn: each year the same interest on the initial capital is added.

  1. a) Why do the capital amounts year after year form an arithmetic progression? State its first term and common difference.
  1. b) Write the general term for the capital accumulated after $n$ years.
  1. c) How much capital will there be after $6$ years? And after $15$ years?
Solve

Sum of terms: accumulated savings

Geometric representation of the sum of the terms of an arithmetic progression by pairing the ends. s1 s2 sn each week you save a little more
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For the end-of-year trip, a student decides to save using a staircase system: $10\ \text{ €}$ in the first week and, each subsequent week, $5\ \text{ €}$ more than the…

For the end-of-year trip, a student decides to save using a staircase system: $10\ \text{ €}$ in the first week and, each subsequent week, $5\ \text{ €}$ more than the previous one, as shown in the figure.

Total acumulado = ? 10 € 15 € 20 € 25 € 30 € 35 30 25 20 15 10 5 0 € ahorrados en la semana week 1 week 2 week 3 week 4 week 5
  1. a) How much will she save in week $12$?
  1. b) How much will she have accumulated in total after those $12$ weeks?
  1. c) The trip costs $650\ \text{ €}$. Will saving for $16$ weeks be enough? Justify your answer.
Solve
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Insert four arithmetic means between $3$ and $18$ (that is, construct an arithmetic progression of six terms whose extremes are $3$ and $18$). a) Calculate the common…

Insert four arithmetic means between $3$ and $18$ (that is, construct an arithmetic progression of six terms whose extremes are $3$ and $18$).

  1. a) Calculate the common difference of the progression.
  1. b) Write the six terms.
  1. c) Check that the sum of the six terms matches the formula $S_n = \frac{(a_1 + a_n) \cdot n}{2}$.
Solve

Comparing plans and solving problems

When two savings or pocket-money plans each grow with their own common difference, you can compare term by term (when are the payments equal?) or compare accumulated sums (when does one total overtake the other?).

Comparative graph of two linear savings plans that intersect in month 13. month € they cross: month 13 Plan A Plan B
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How many terms of the arithmetic progression $5, 9, 13, \ldots$ must be added to obtain $377$? a) Write the general term $a_n$ and the expression for the sum $S_n$ of…

How many terms of the arithmetic progression $5, 9, 13, \ldots$ must be added to obtain $377$?

  1. a) Write the general term $a_n$ and the expression for the sum $S_n$ of the first $n$ terms.
  1. b) Set up the equation $S_n = 377$ and solve it. Why must one of the solutions to the quadratic equation be discarded?
Solve
Practice★★★Not started
A father offers his daughter two monthly allowance plans: Plan A: $20\ \text{ €}$ in the first month, increasing by $2\ \text{ €}$ each month. Plan B: $8\ \text{ €}$ in…

A father offers his daughter two monthly allowance plans:

  • Plan A: $20\ \text{ €}$ in the first month, increasing by $2\ \text{ €}$ each month.

  • Plan B: $8\ \text{ €}$ in the first month, increasing by $3\ \text{ €}$ each month.

  1. a) Write the general term for the allowance under each plan in month $n$.
  1. b) In which month does the monthly allowance of both plans coincide for the first time?
  1. c) In which month does the cumulative total of plan B exceed that of plan A for the first time? Justify your answer using the sum formulas and reasoned trial and error.
Solve

Summary

See all the exercises in this section