Chapter 8: Problem 47
Determine whether the following sequences converge or diverge, and state whether they are monotonic or whether they oscillate. Give the limit when the sequence converges. $$\left\\{(-0.7)^{n}\right\\}$$
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Chapter 8: Problem 47
Determine whether the following sequences converge or diverge, and state whether they are monotonic or whether they oscillate. Give the limit when the sequence converges. $$\left\\{(-0.7)^{n}\right\\}$$
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Imagine that the government of a small community decides to give a total of \(\$ W\), distributed equally, to all its citizens. Suppose that each month each citizen saves a fraction \(p\) of his or her new wealth and spends the remaining \(1-p\) in the community. Assume no money leaves or enters the community, and all the spent money is redistributed throughout the community. a. If this cycle of saving and spending continues for many months, how much money is ultimately spent? Specifically, by what factor is the initial investment of \(\$ W\) increased (in terms of \(p\) )? Economists refer to this increase in the investment as the multiplier effect. b. Evaluate the limits \(p \rightarrow 0\) and \(p \rightarrow 1,\) and interpret their meanings.
The Fibonacci sequence \(\\{1,1,2,3,5,8,13, \ldots\\}\) is generated by the recurrence relation \(f_{n+1}=f_{n}+f_{n-1},\) for \(n=1,2,3, \ldots,\) where \(f_{0}=1, f_{1}=1\). a. It can be shown that the sequence of ratios of successive terms of the sequence \(\left\\{\frac{f_{n+1}}{f_{n}}\right\\}\) has a limit \(\varphi .\) Divide both sides of the recurrence relation by \(f_{n},\) take the limit as \(n \rightarrow \infty,\) and show that \(\varphi=\lim _{n \rightarrow \infty} \frac{f_{n+1}}{f_{n}}=\frac{1+\sqrt{5}}{2} \approx 1.618\). b. Show that \(\lim _{n \rightarrow \infty} \frac{f_{n-1}}{f_{n+1}}=1-\frac{1}{\varphi} \approx 0.382\). c. Now consider the harmonic series and group terms as follows: $$\sum_{k=1}^{\infty} \frac{1}{k}=1+\frac{1}{2}+\frac{1}{3}+\left(\frac{1}{4}+\frac{1}{5}\right)+\left(\frac{1}{6}+\frac{1}{7}+\frac{1}{8}\right)$$ $$+\left(\frac{1}{9}+\cdots+\frac{1}{13}\right)+\cdots$$ With the Fibonacci sequence in mind, show that $$\sum_{k=1}^{\infty} \frac{1}{k} \geq 1+\frac{1}{2}+\frac{1}{3}+\frac{2}{5}+\frac{3}{8}+\frac{5}{13}+\cdots=1+\sum_{k=1}^{\infty} \frac{f_{k-1}}{f_{k+1}}.$$ d. Use part (b) to conclude that the harmonic series diverges. (Source: The College Mathematics Journal, 43, May 2012)
Evaluate the limit of the following sequences or state that the limit does not exist. $$a_{n}=\frac{7^{n}}{n^{7} 5^{n}}$$
The expression $$1+\frac{1}{1+\frac{1}{1+\frac{1}{1+\frac{1}{1+}}}}.$$ where the process continues indefinitely, is called a continued fraction. a. Show that this expression can be built in steps using the recurrence relation \(a_{0}=1, a_{n+1}=1+1 / a_{n},\) for \(n=0,1,2,3, \ldots . .\) Explain why the value of the expression can be interpreted as \(\lim _{n \rightarrow \infty} a_{n},\) provided the limit exists. b. Evaluate the first five terms of the sequence \(\left\\{a_{n}\right\\}\). c. Using computation and/or graphing, estimate the limit of the sequence. d. Assuming the limit exists, use the method of Example 5 to determine the limit exactly. Compare your estimate with \((1+\sqrt{5}) / 2,\) a number known as the golden mean. e. Assuming the limit exists, use the same ideas to determine the value of $$a+\frac{b}{a+\frac{b}{a+\frac{b}{a+\frac{b}{a+}}}}$$ where \(a\) and \(b\) are positive real numbers.
Consider the sequence \(\left\\{x_{n}\right\\}\) defined for \(n=1,2,3, \ldots\) by $$x_{n}=\sum_{k=n+1}^{2 n} \frac{1}{k}=\frac{1}{n+1}+\frac{1}{n+2}+\dots+\frac{1}{2 n}.$$ a. Write out the terms \(x_{1}, x_{2}, x_{3}\). b. Show that \(\frac{1}{2} \leq x_{n}<1,\) for \(n=1,2,3, \ldots\). c. Show that \(x_{n}\) is the right Riemann sum for \(\int_{1}^{2} \frac{d x}{x}\) using \(n\) subintervals. d. Conclude that \(\lim _{n \rightarrow \infty} x_{n}=\ln 2\).
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