Question: What is the sum of the first 5 terms of a GP where the first term is 2 and the common ratio is 3?
Options:
Correct Answer: 242
Solution:
The sum of the first n terms of a GP is given by S_n = a(1 - r^n) / (1 - r). Here, S_5 = 2(1 - 3^5) / (1 - 3) = 2(1 - 243) / (-2) = 242.