A uniform time series of valua v is placed on the time axus

Reference no: EM13604053

A uniform time series of valua V is placed on the time axus in the following manner: the first value V at time s, the second time at 2s, the k-th value at time k.s, and the n-th value V at time n.s. Find the Balance, B0 , of this series at time 0, for the discrete interest rate Iε(-1,∞) related to 1 time unit. In solving this problem, use the concept of an equivalent interest rate, combined with function f3.

Reference no: EM13604053

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