Arithmetic and geometric progressions 57
(a) Let the GP bea,ar,ar^2 ,...,arn
The first terma=£100
The common ratior= 1. 08
Hence the second term isar=( 100 )( 1. 08 )=£108,which is the value after 1year,
the third term isar^2 =( 100 )( 1. 08 )^2 =£116. 64 ,which is the value after 2years, and so on.
Thus the value after 10years=ar^10 =( 100 )( 1. 08 )^10 =£215.89(b) When £300 has been reached, 300=arn
i.e. 300= 100 ( 1. 08 )nand 3 =( 1. 08 )nTaking logarithms to base 10 of both sides gives:lg3=lg( 1. 08 )n=nlg( 1. 08 ),by the laws of logarithms
from which,n=lg3
lg1. 08= 14. 3Hence it will take 15years to reach more than
£300.Problem 20. A drilling machine is to have 6
speeds ranging from 50rev/min to 750rev/ min. If
the speeds form a geometric progression determine
their values, each correct to the nearest whole
number.Let the GP ofnterms be given bya,ar,ar^2 ,...,arn−^1.
The first terma=50rev/min
The 6th term is given byar^6 −^1 , which is 750rev/min,
i.e. ar^5 = 750from which r^5 =750
a=750
50= 15Thus the common ratio,r=^5
√
15 = 1. 7188The first term isa=50rev/min
the second term isar=( 50 )( 1. 7188 )= 85 .94,
the third term isar^2 =( 50 )( 1. 7188 )^2 = 147 .71,
the fourth term isar^3 =( 50 )( 1. 7188 )^3 = 253 .89,
the fifth term isar^4 =( 50 )( 1. 7188 )^4 = 436 .39,
the sixth term isar^5 =( 50 )( 1. 7188 )^5 = 750. 06
Hence, correct to the nearest whole number, the 6 speeds
of the drilling machine are50, 86, 148, 254, 436 and
750rev/min.Now try the following exerciseExercise 27 Further problems on geometric
progressions- In a geometric progression the 5th term is
 9 times the 3rd term and the sum of the 6th
 and 7thterms is 1944. Determine (a) the com-
 mon ratio, (b) the first term and (c) the sum
 of the 4th to 10th terms inclusive.
 [(a) 3 (b) 2 (c) 59022]
- Which term of the series 3, 9, 27,...is
 59049? [10th]
- The value of a lathe originally valued at
 £3000 depreciates 15%per annum. Calculate
 its value after 4years. The machine is sold
 when its value is less than £550. After how
 many years is the lathe sold?
 [£1566, 11years]
- If the populationof Great Britainis 55million
 and is decreasing at 2.4%per annum, what
 will be the population in 5years time?
 [48.71M]
- 100g of a radioactive substance disintegrates
 at a rate of 3%per annum. How much of the
 substance is left after 11years? [71.53g]
- If £250 is invested at compound interest of
 6%per annum determine (a) the value after
 15years, (b) the time, correct to the nearest
 year, it takes to reach £750.
 [(a) £599.14 (b) 19 years]
- A drilling machine is to have 8 speeds rang-
 ing from 100rev/min to 1000rev/min. If the
 speeds form a geometric progression deter-
 mine their values, each correct to the nearest
 whole number.
 [100, 139, 193, 268, 373, 518,
 720, 1000rev/min]
