Title of article :
Proof of the perpetuity equation
Author/Authors :
Morin، نويسنده , , Thomas L. and Dabadghao، نويسنده , , Shaunak S.، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2012
Abstract :
A perpetuity is a perpetual annuity. Although there have been a number of different derivations, which we discuss in detail, we present what appears to be the first mathematical proof of the perpetuity equation based on the fundamental properties of the real numbers (Result (2.2.1) of Dieudonne (1960) [14]).
Keywords :
Order relation , Perpetuity , Trichotomy law , Real numbers , Annuity , Capitalized cost
Journal title :
Applied Mathematics Letters
Journal title :
Applied Mathematics Letters