Math Problem Statement

Solution

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Math Problem Analysis

Mathematical Concepts

Arithmetic Progression
Algebra

Formulas

nth term of arithmetic progression: P_n = P_1 + (n - 1) * d
Sum of arithmetic progression: S_n = (n / 2) * (P_1 + P_n)

Theorems

Arithmetic Progression Formula

Suitable Grade Level

College level, Economics and Business Mathematics