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Arithmetic sequence
/ɐɹˈɪθmətˌɪk sˈiːkwəns/
/ɐɹˈɪθmətˌɪk sˈiːkwəns/Arithmetic sequence
01
a sequence of numbers in which the difference between any two consecutive terms is constant
Example
In the arithmetic sequence 2, 5, 8, 11, 14, ..., each term increases by 3, which is the common difference.
Arithmetic sequences are commonly used in finance to model situations where there is a constant increase or decrease in value over time.
