Evaluate the Series, If It Converges $$\sum _ { \mathrm { k } = 1 } ^ { \infty } \left( \frac { 3 } { 10 } \right) ^ { \mathrm { k } }$$

question 16

Multiple Choice

Evaluate the series, if it converges.
- $$\sum _ { \mathrm { k } = 1 } ^ { \infty } \left( \frac { 3 } { 10 } \right) ^ { \mathrm { k } }$$

• A) Does not converge.
• B) \(\frac { 10 } { 7 }\)
• C) \(\frac { 3 } { 7 }\)
• D) \(- \frac { 3 } { 7 }\)

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Internal Rate Of Return Method

A method of calculating the profitability of potential investments where the net present value of all cash flows equals zero.

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Fixed costs that are distributed among different departments or products based on prescribed criteria.

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