The arithmetic sequence ; is defined by the a i formula : a 1 =-4910 a i =a i-1 +8 Find the sum of the first 575 terms in the sequence.

- 1,503,050

Step-by-step explanation:

Given that the sum of arithmetic sequence =

n/2[2a + (n-1)d]

Where;

n = 575

a = -4910

d = a i - a i-1  = 8

Substituting values;

575/2 [2(-4910) + (575 -1) 8]

575/2  [(-9820) + 4592]

=  - 1,503,050

change of stock price/initial stock price on friday * total stock value = change of stock value

0.89/73.73 *x = 42.72

x=3539.04 = total stock value at initial stock price on friday .

total stock value at initial stock price on friday/ initial stock price on friday = number of shares

3539.04/73.73 = 48 shares

they own 48 shares of this stock