Use the Indicated Formula to Find the Sum $S = \frac { n ( n + 1 ) } { 2 }$

question 190

Multiple Choice

Use the indicated formula to find the sum.
-Use $S = \frac { n ( n + 1 ) } { 2 }$ to find the sum of $1 + 2 + 3 + \ldots + 7000$ .

• A) \(24,499,999.5\)
• B) \(24,503,500\)
• C) \(24,496,500\)
• D) \(12,248,250\)

---

Definitions:

Liquidate

To convert assets into cash or cash equivalents by selling them on the market.

Spot Price

The current market price at which a particular asset, such as a commodity, currency, or security, can be bought or sold for immediate delivery.

Silver Spot Price

The current market price at which silver can be bought or sold for immediate delivery.

Silver Future

A standardized, exchange-traded contract to buy or sell a specific amount of silver at a future date and price.