Help in Sequence and Series question!?
When a council offers free reflective house numbers, 30% of residents install them in the first month, the numbers in the second month are only 30% of those in the first month, and so on. What proportion of residents eventually installs them?
When a council offers free reflective house numbers, 30% of residents install them in the first month, the numbers in the second month are only 30% of those in the first month, and so on. What proportion of residents eventually installs them?
1 Answer
Explanation:
This is a Geometric Progression that starts at
Let
Convert the percentage of residents that install the letters from
The number of residents that do the installation for any given month is:
Let
From the reference, we know that:
To obtain the formula that does not start with
Substitute
Factor out R_0:
Use a calculator:
This is approximately