Evaluate the Limit After First Finding the Sum (As a Function

question 7

Short Answer

Evaluate the limit after first finding the sum (as a function of $n$ ) using the summation formulas.
$$\lim _ { n \rightarrow \infty } \sum _ { k = 1 } ^ { n } \left( 4 + \frac { 2 k } { n } \right) ^ { 2 } \left( \frac { 1 } { n } \right)$$

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Definitions:

Ending Inventory

The total value of all inventory a company has in stock at the end of a fiscal period.

Beginning Inventory

The value of a company's inventory at the start of an accounting period; the starting point for determining inventory levels over a period.

Budgeted Purchases

The projected amount of goods or materials a company plans to buy over a certain period to meet its production needs.

Capital Expenditures Budget

A budget that plans and tracks the spending on long-term assets, such as buildings, machinery, and equipment.