Hello!
We have the following expression:
![\sum_{n\mathop{=}0}^6300(1.05)^(n-1)](https://img.qammunity.org/2023/formulas/mathematics/college/c1tssk1ibdiz5d4xxhk5pl7owl9tyvv5sf.png)
We can solve it as a geometric sequence, I'll show you how.
First, let's write the number of terms of the sequence:
Starting in 0 until 6, we have: a1, a2, a3, a4, a5, a6 and a7.
(7 terms).
Also, we can see that the ratio is 1.05.
Now, let's calculate the first term of the sequence (a1):
![\begin{gathered} a_1=300*(1.05)^(0-1) \\ a_1=300*(1.05)^(-1) \\ a_1=300*(1)/(1.05) \\ a_1=(2000)/(7) \end{gathered}](https://img.qammunity.org/2023/formulas/mathematics/college/z3ed8424s7gu3i3db60qbl9f99mrdq0nrx.png)
As we know the first term of the sequence and the ratio, we can use the formula below to calculate the sum of the 7 terms of this sequence:
![\boxed{S_n=(a_(1)(r^(n)-1))/(r-1)}](https://img.qammunity.org/2023/formulas/mathematics/college/voak0vv95inf82282xrz8ymsa5ihyjp6kq.png)
So, let's replace it with the values that we already know:
![S_7=((2000)/(7)(1.05^7-1))/(1.05-1)=((2000)/(7)(1.4071-1))/(0.05)=((2000)/(7)(0.4071))/(0.05)\cong2326.29](https://img.qammunity.org/2023/formulas/mathematics/college/sqa0k1zfk9pzombh0ny2aqjt1mtqk87d0u.png)
Right answer: alternative B.