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Determine the convergence or divergence of the series using any appropriate test.
Installment Sales Method
An accounting method that recognizes revenue when payments are actually received rather than at the point of sale.
Accrual Method
A bookkeeping approach that registers revenues and costs as they are accrued or realized, irrespective of the timing of the associated cash transactions.
Taxable Income
The amount of income that is subject to income tax after deductions and exemptions.
Corporate Income Tax Rate
The percentage of corporate profits that are paid to the government as income tax.
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