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Thread: Business math

  1. April 30th 2009, 08:31 AM #1
    mexicool27
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    Business math

    How are compound interest, and geometric sequences related? Provide and example
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  2. May 3rd 2009, 06:01 PM #2
    TKHunny
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    Present Value of one payment

    v

    Present value of two consecutive payments

    v + v^2

    Present value of three consecutive eqully-spaced payments

    v + v^2 + v^3

    Are we seeing a pattern?
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