Use the Summation Formulas to Rewrite the Expression $\sum _ { k = 1 } ^ { n } \frac { 24 k ( k - 1 ) } { n ^ { 7 } }$

question 79

Multiple Choice

Use the summation formulas to rewrite the expression $\sum _ { k = 1 } ^ { n } \frac { 24 k ( k - 1 ) } { n ^ { 7 } }$
without the summation notation.

• A) \(\frac { 4 } { n ^ { 5 } } - \frac { 1 } { n ^ { 6 } }\)
• B) \(\frac { 8 } { n ^ { 5 } } - \frac { 4 } { n ^ { 6 } }\)
• C) \(\frac { 4 } { n ^ { 4 } } - \frac { 4 } { n ^ { 6 } }\)
• D) \(\frac { 8 } { n ^ { 4 } } + \frac { 2 } { n ^ { 7 } }\)
• E) \(\frac { 8 } { n ^ { 4 } } - \frac { 8 } { n ^ { 6 } }\)

---

Definitions:

Financial Reports

Documents that provide an overview of a company's financial condition, including balance sheets, income statements, and cash flow statements.

FASB

Financial Accounting Standards Board; an independent organization responsible for establishing accounting and financial reporting standards in the United States.

Future Cash Flows

Future cash flows refer to the projected inflows and outflows of cash that a company expects from its operations over a future period.

Credit Standing

The assessment of a borrower's financial health and ability to repay debt, typically influenced by credit history and financial behavior.