Sum of infinite series

If you noticed, without the summation notation, it is the present value money formula with finite time period.
PV - present value
FV - future value
i - interest rate
n - number of years
PV = FV/(1+i)^n

The present value money formula with indefinite time period is
PV = D / i
D - dividend (which is FV every year)

I'm curious if the infinite summation of FV/(1+i)^n (see the picture attached) is D / i.
Step by step process and explanation appreciated.

  • Erdos Erdos
    0

    Your question is vague. Do you want to compute the sum in the attached picture? What is x?

Answer

Answers can only be viewed under the following conditions:
  1. The questioner was satisfied with and accepted the answer, or
  2. The answer was evaluated as being 100% correct by the judge.
View the answer
Erdos Erdos
4.7K
  • Erdos Erdos
    0

    Please leave a comment if you need any clarifications.

The answer is accepted.
Join Matchmaticians Affiliate Marketing Program to earn up to a 50% commission on every question that your affiliated users ask or answer.