The arithmetic and geometric sequences have well-known historical names and closed-form formulas: they are the two most important families of sequences in elementary arithmetic and recur in finance, physics, population biology, wherever there is “fixed-rate” growth.

Definition — Arithmetic progression (AP)

An arithmetic progression is a sequence (an)(a_n) in which each term is obtained from the previous one by adding a constant dd, called the common difference: an+1=an+d,dR.a_{n+1} = a_n + d,\qquad d\in\mathbb{R}. The closed form of the nn-th term is an=a1+(n1)da_n = a_1 + (n-1)\,d (using indexing from 11, which is the most common in this context).

Topics: Sequences
Concepts: Arithmetic progression · Common ratio · General term