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Mortgage rates open the week with a continued inching down on popular 30-year and 15-year terms as of Monday, May 20, 2024. The current average rate for a 30-year fixed mortgage is 7.04% for ...
Geometric series. The geometric series 1/4 + 1/16 + 1/64 + 1/256 + ... shown as areas of purple squares. Each of the purple squares has 1/4 of the area of the next larger square (1/2× 1/2 = 1/4, 1/4×1/4 = 1/16, etc.). The sum of the areas of the purple squares is one third of the area of the large square. Another geometric series (coefficient ...