4.17% |

the payments are the same every period, but the proportion that is interest increases. |

$14.29 |

an annuity of interest payments and a single principal payment at maturity |

$30.00 |

a growing perpetuity. |

compounding occurs more often than once a year. |

dollar interest the first year is multiplied by the number of years to get total interest. |

any set of payments of the same dollar amount irrespective of timing. |

the lower its present value will be. |

Subject | General |

Due By (Pacific Time) | 09/02/2015 12:00 am |

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