Use the Geometric Series Formula to Find the Sum of Of 1

question 102

Multiple Choice

Use the geometric series formula to find the sum of of $1 + \frac { 1 } { 4 } + \frac { 1 } { 4 ^ { 2 } } + \frac { 1 } { 4 ^ { 3 } } + \frac { 1 } { 4 ^ { 4 } }$

• A) \(\frac { ( 4 ) ^ { 5 } - 1 } { (4 ) - 1 }\)
• B) \(\frac { \frac {1}{4^5} - 1 } { \frac {1}{4} - 1 }\)
• C) \(\frac { 4 ^ { 4 } - 1 } { 4 - 1 }\)
• D) \(\frac { \frac{1}{4^4} - 1 } { \frac{1}{4} - 1 }\)

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Definitions:

Ledger

The principal book or computer file for recording and totaling economic transactions measured in terms of a monetary unit of account by account type.

Journalizing

The act of recording financial transactions in a company's journal, detailing debits and credits, part of the first step in the accounting cycle.

Fraudulent Activity

Intentional deception or misrepresentation that an individual or entity makes to gain a benefit or advantage.

Double-Entry Bookkeeping

An accounting system where every entry to an account requires a corresponding and opposite entry to a different account.