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An annuity is a series of equal payments or receipts that occur at evenly spaced intervals. Leases and rental payments are examples. The payments or ... more
A perpetuity is payments of a set amount of money that occur on a routine basis and continues forever. Present value of a perpetuity is an infinite and ... more
Compound interest is interest added to the principal of a deposit or loan so that the added interest also earns interest from then on. This addition of ... more
RESTRICTIONS : σ₃ = 0, σ₁₂ = σ₁₃ = σ₂₃ = 0
The von Mises yield criterion suggests that the yielding of materials begins ... more
RESTRICTIONS : σ₁₂ = σ₁₃ = σ₂₃ = 0
The von Mises yield criterion suggests that the yielding of materials begins when the ... more
RESTRICTIONS : σ₃ = 0, σ₃₁ = σ₂₃ = 0
The von Mises yield criterion suggests that the yielding of materials begins when ... more
RESTRICTIONS : σ₁ = σ₂ = σ₃ = 0, σ₃₁ = σ₂₃ = 0
The von Mises yield criterion suggests that the yielding of materials ... more
The present value formula can be rearranged logarithmic way to calculate how many years are needed for the value of the deposit to double. ( For the period ... more
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