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Mathematics 9 Online
OpenStudy (vishal_kothari):

What is the smallest amount that may be invested at interest rate i%, compounded annually, in order that we may withdraw 1 2 ; 2 2 ; 3 2 ; : : : dollars at the end of the 1st, 2nd, 3rd, : : : year, in perpetuity? (For i = 10, the answer is 2310 dollars.

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