Question
A local club has increased its membership by 11 members every six months for the last few years. If there were 88 people in the
A local club has increased its membership by 11 members every six months for the last few years. If there were 88 people in the club four years ago, how many members does the club have now?
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An Introduction to the Mathematics of Financial Derivatives
Authors: Ali Hirsa, Salih N. Neftci
3rd edition
012384682X, 978-0123846822
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