Determine the Sum of the Following Infinite Series $\sum _ { n = 1 } ^ { \infty } 2 ^ { n } \left( \frac { 1 } { 3 } \right) ^ { n - 1 }$

question 69

Short Answer

Determine the sum of the following infinite series: $\sum _ { n = 1 } ^ { \infty } 2 ^ { n } \left( \frac { 1 } { 3 } \right) ^ { n - 1 }$ .
Enter just an integer.

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Partial Payments

Payments that are made to settle a portion of the total amount owed, rather than the full balance.

Gross Method

An accounting treatment for purchases discounts where the discount is not recognized until payment is made within the discount period.

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An accounting approach to the purchase of goods that incorporates discounts for early payment directly in the reported cost of purchases.

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The process of documenting sales or purchases in the accounting records, typically by entering them into a journal or ledger.