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CTJan27 Online General Maths - Recursion and Financial Modelling 01

CTJan27 Online General Maths - Recursion and Financial Modelling 01

Multiple Choice

  1. In the notation used for sequences, what does $a_n$ represent?

  2. Which essential piece of information is required to begin generating terms using a recurrence relation?

  3. What is the fundamental concept of a recurrence relation?

  4. In the general recurrence relation format $a_{n+1} = \text{Rule involving } a_n$, what determines whether the sequence is arithmetic?

  5. A sequence where the relationship between consecutive terms is defined by a constant multiplier is called a/an:

  6. Consider the general recurrence relation: $a_{n+1} = 1.5 a_n$, with $a_1 = 10$. This sequence is classified as:

  7. An arithmetic sequence starts at 12 and increases by 5 each step. Which recurrence relation correctly models this sequence?

  8. Given the arithmetic recurrence relation $a_{n+1} = a_n + 9$ and $a_1 = 3$. What is the value of the third term, $a_3$?

  9. An arithmetic sequence is defined by $a_1 = 40$ and $a_{n+1} = a_n - 6$. Calculate the fourth term, $a_4$.

  10. What is the common difference ($d$) implied by the recurrence relation $a_{n+1} = a_n + 15.5$?

  11. A company's revenue starts at \$25,000 and decreases by \$1,500 every quarter. If $a_n$ is the revenue in quarter $n$, what are the starting term and the common difference?

  12. For the sequence $a_{n+1} = a_n - 10$ where $a_1 = 100$, what is the second term, $a_2$?

  13. If an arithmetic sequence has $a_1 = 0$ and $d = 15$, what is the value of $a_4$?

  14. A geometric sequence starts at 6 and triples in value with each subsequent term. Which recurrence relation models this sequence?

  15. Given the geometric recurrence relation $a_{n+1} = 2 a_n$ and $a_1 = 5$. What is the value of the third term, $a_3$?

  16. A geometric sequence is defined by $a_1 = 100$ and $a_{n+1} = 0.5 a_n$. Calculate the fourth term, $a_4$.

  17. What is the common ratio ($r$) implied by the recurrence relation $a_{n+1} = 1.08 a_n$?

  18. If an investment increases by 15% each year, what is the common ratio ($r$) used in the geometric recurrence relation?

  19. A population starts at 5,000 individuals and declines by 5% per month. If $a_n$ is the population in month $n$, what is the value of $a_2$?

  20. A sequence begins 3, 12, 48, 192, ... What is the recurrence relation that defines this sequence?

  21. A bank deposit of \$2,000 earns 4% compound interest annually. Which recurrence relation models the balance, $a_n$, after $n$ years?

  22. When using the CAS calculator's standard (Run/Main) mode to generate terms recursively, what must you enter first to begin the process for $a_1 = 25$?

  23. You are using the CAS calculator to model $a_{n+1} = a_n + 5$, starting with $a_1 = 10$. After entering 10 and pressing EXECUTE, you enter 'ANS + 5' and press EXECUTE once. What term have you just generated?

  24. To find the value of $a_5$ for the sequence $a_1 = 50, a_{n+1} = a_n - 4$ using the CAS calculator's ANS feature, how many times must you press the EXECUTE button *after* inputting $a_1$?

  25. A geometric sequence is defined by $a_1 = 10$ and $a_{n+1} = 2.5 a_n$. Using the CAS calculator technique, what is the value of $a_4$?

  26. Using the CAS calculator, find the value of $a_5$ for the arithmetic sequence $a_1 = 5$ and $a_{n+1} = a_n + 10$.

  27. Which CAS calculator operation sequence correctly generates the terms for $a_1 = 400$ and $a_{n+1} = 0.75 a_n$?

  28. If you enter $a_1$ into your CAS calculator and then press EXECUTE with the recursive rule 8 times, which term are you generating with the final calculation?

  29. Identify the type of sequence defined by $a_{n+1} = a_n - 5$, $a_1 = 80$.

  30. Identify the type of sequence defined by $a_{n+1} = 0.99 a_n$, $a_1 = 500$.

  31. Determine the recurrence relation for the sequence: 4, 12, 36, 108, ...

  32. Determine the recurrence relation for the sequence: 10, 6, 2, -2, ...

  33. A loan balance starts at \$5,000. If \$500 is repaid each month, the balance follows the relation $a_{n+1} = a_n - 500$, $a_1 = 5000$. What is the loan balance after two repayments (i.e., the value of $a_3$)?

  34. A piece of equipment valued initially at \$10,000 depreciates by 10% each year. The recurrence relation is $a_{n+1} = 0.90 a_n$, $a_1 = 10000$. What is the value of the equipment after one year (i.e., $a_2$)?

  35. A sequence is defined by the non-standard relation $a_1 = 3$ and $a_{n+1} = 2 a_n + 1$. Calculate the value of $a_3$.

  36. An arithmetic sequence is defined by $a_1 = 1$ and $a_{n+1} = a_n + 0.5$. Using the CAS technique, what is the 7th term ($a_7$)?

  37. A rare painting initially costs \$50,000 and increases its value by 4% each year. Which recurrence relation correctly models this growth, where $a_n$ is the value after $n-1$ years?

  38. For the sequence $a_1 = 50$ and $a_{n+1} = a_n - 7$, you enter 50, press EXECUTE, then enter 'ANS - 7'. What term's value is generated when you press EXECUTE for the 5th time?