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Given an effective annual discount rate of d, show that, with compounding, the accumulated value after n years of an initial investment of amount 1

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Given an effective annual discount rate of d, show that, with compounding, the accumulated value after n years of an initial investment of amount 1 is (1-d)^-n. In other words, if an amount X due in n years has present value 1, then X = (1-d)^-n. Given an effective annual discount rate of d, show that, with compounding, the accumulated value after n years of an initial investment of amount 1 is (1-d)^-n. In other words, if an amount X due in n years has present value 1, then X = (1-d)^-n

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