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07.28.2005 at 11:07AM PDT, ID: 21508020
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7.0

Infinite Series

Asked by mcorrente in Miscellaneous Programming

Is there a function to calculate a converging infinite series?

There is a government entity whose funds are based on a percentage of the monthly funds that they distribute.  For instance, if the monthly funds were $500/mo, and the entity's cut was 5%, you could calculate the entity's dollar revenue as $500 x .05 = $25.

However, the entity then considers that revenue to be more distribution, and so they take 5% of that - $1.25.

... and 5% of that - $.00625...

In theory, the amount of revenue generated by the distribution is the summation of an infinite series.  In actuality, it probably simply calculates until the addition will no longer affect the penny amount of the revenue.

I use visual basic.  I was wondering if there was a function used to calculate the sum, or if I have to write a sloppy loop to get me to the closest penny.Start Free Trial
[+][-]07.28.2005 at 12:21PM PDT, ID: 14549107

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Solution Provided By: squirrelrevolution
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[+][-]07.28.2005 at 12:52PM PDT, ID: 14549383

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