Find the Partial Sum $\sum _ { n = 0 } ^ { 5 } \left( - \frac { 1 } { 5 } \right) ^ { n }$

question 29

Multiple Choice

Find the partial sum $\sum _ { n = 0 } ^ { 5 } \left( - \frac { 1 } { 5 } \right) ^ { n }$

• A) \(\frac { 521 } { 3125 }\)
• B) \(\frac { 2604 } { 3125 }\)
• C) \(- \frac { 104 } { 3125 }\)
• D) \(- \frac { 2604 } { 3125 }\)
• E) \(\frac { 521 } { 3125 }\)

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Definitions:

Expenses

Costs incurred in the operation of a business that reduce profitability, such as rent, salaries, and utilities.

Fees Earned

Revenue generated from services provided or work done over a specific period.

Accounting Cycle

The process of recording and processing all financial transactions of a company, from when the transaction occurs, to its representation on the financial statements.

Ledger

A comprehensive collection of a company's financial accounts.