In Section 1.3, it was shown that for < / < 1, (1 + /y < 1
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In Section 1.3, it was shown that for < / < 1, (1 + /y < 1 + it.
Show that 1 + // — {\-\-iy is maximized at / = 4[/« / — In b].
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Theory Of Interest And Life Contingencies With Pension Applications A Problem Solving Approach
ISBN: 978-1566983334
3rd Edition
Authors: Asa Michael M. Parmenter, Ph.d.
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