Recursion relations & financial maths

• 2 x 3 + 4

• 2 x 4 + 4

• 2 x 10 + 4

• 2 x 24 + 4

• 2 x 52 + 4

• a perpetuity with a payment of $2000 per quarter

• an annuity with withdrawals of $2000 per quarter

• an annuity investment with additional payments of $2000 per quarter

• an item depreciating at a flat rate of 1.3% of the purchase price per quarter

• a compound interest investment earning interest at the rate of 1.3% per annum

• Loan I

• Loan II

• Loan III

• Loan IV

• Loan V

• $368.12

• $2831.88

• $3200.56

• $3557.09

• $3568.12

• an increase of 0.24% per annum

• a decrease of 0.024% per annum

• an increase of 0.024% per annum

• a decrease of 0.0024% per annum

• an increase of 0.00024% per annum

• $B_1$

• $B_2$

• $B_3$

• $B_4$

• $B_5$

• 3 cents

• 4 cents

• 5 cents

• 6 cents

• 7 cents

• a piano depreciating at a flat rate of 6% per annum

• a car depreciating with a reducing balance rate of 6% per annum

• a compound interest investment earning interest at the rate of 6% per annum

• a perpetuity earning interest at the rate of 6% per annum

• an annuity investment with additional payments of 6% of the initial investment amount per annum

• $29

• $100

• $135

• $237

• $295

• 0.35%

• 4.1%

• 4.5%

• 4.8%

• 18.7%