Question: 1. Explain and provide the notation describing a sequence. 2. 3. What does it mean for a sequence to be bounded? What does it mean

1. Explain and provide the notation describing a sequence. 2. 3. What does it mean for a sequence to be bounded? What does it mean for a sequence to have a limit? 4. What does it mean for a sequence to be monotonically decreasing or increas- ing? 5. Why is boundedness not sufficient for a sequence to have a limit unless the sequence is monotonically increasing or decreasing? 6. What is the difference between an unbounded sequence that is definitely divergent and one that is not? Give an example. 7. Explain the relationship between a sequence and a series. 8. Write out the formula for a finite geometric series. 9. Write out a formula for an infinite geometric series. 10. Why is it that when computing the present value of a project yielding fixed payments, received periodically over a long period of time, it is often as- sumed that the payments continue in perpetuity? 11. What does continuous compounding mean?

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