A geometric series is the collection of an unlimited number of terms with a fixed ratio between them. The correct option is A.
A geometric series is the collection of an unlimited number of terms with a fixed ratio between them.
An geometric series is a series where the ratio of any two consecutive term is the same. Therefore, the nth term of a geometric series is given as,
[tex]a_n = a_1 \times r^{(n-1)}\\\\A(n) = P(1+i)^{n-1}[/tex]
Hence, the correct option is A.
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