(1 + 2¡(0.5)) = (1 - d)k. If d is the effective rate of discount p.a., what is the value of k? Write your answer as an integer.

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
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Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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(1 + 2¡(0.5)) = (1 − d)k. If d is the effective rate of discount p.a., what is the value of k?
Write your answer as an integer.
Transcribed Image Text:(1 + 2¡(0.5)) = (1 − d)k. If d is the effective rate of discount p.a., what is the value of k? Write your answer as an integer.
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