Present value of a perpetuity-immediate
Compute the present value of a perpetuity-immediate with payments of 1 each for 10 years, 2 each for the next 10 years, 3 each for the following 10 years, 4 each for the next 10 years, 5 each for the next 10 years..., if i = 0.06.
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$100,000 is needed at the end of 15 years for a College Education Fund. Deposits of $3000 are made at the end of each of the first 5 years, $3000+X at the end of each of the next five years
A family wishes to purchase house for $450,000 with 30-year loan and down payment of 20%. The closing costs are approximately 1.5% of the loan amount and might be included in the loan. The present rate of interest is i(12) = 0.06. Comput
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A fund of $25,000 is to be accumulated by n annual payments of the $1000 followed by n annual payments of $2,000 and smaller payment made one year after last regular payment. Determine n and the amount of the final payment, if effective rate of i
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Assume the only solution to Ax = 0 (m equations in n unknowns) is x = 0. What is the rank of A?
A connected graph has nine vertices and twelve edges. Does it have a nontrivial circuit? Why?
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