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In the following exercises, express each series as a rational function.
The following exercises explore applications of annuities .
Calculate the present values P of an annuity in which $10,000 is to be paid out annually for a period of 20 years, assuming interest rates of and
where Then When When When
Calculate the present values P of annuities in which $9,000 is to be paid out annually perpetually, assuming interest rates of and
Calculate the annual payouts C to be given for 20 years on annuities having present value $100,000 assuming respective interest rates of and
In general, for N years of payouts, or For and one has when when and when
Calculate the annual payouts C to be given perpetually on annuities having present value $100,000 assuming respective interest rates of and
Suppose that an annuity has a present value What interest rate r would allow for perpetual annual payouts of $50,000?
In general, Thus,
Suppose that an annuity has a present value What interest rate r would allow for perpetual annual payouts of $100,000?
In the following exercises, express the sum of each power series in terms of geometric series, and then express the sum as a rational function.
( Hint: Group powers x 4 k , etc.)
( Hint: Group powers and
In the following exercises, find the power series of given f and g as defined.
Express the coefficients of in terms of
In the following exercises, differentiate the given series expansion of f term-by-term to obtain the corresponding series expansion for the derivative of f .
In the following exercises, integrate the given series expansion of term-by-term from zero to x to obtain the corresponding series expansion for the indefinite integral of
In the following exercises, evaluate each infinite series by identifying it as the value of a derivative or integral of geometric series.
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