📘 financial mathematics

1. **Problem Statement:** Calculate the total overhead costs for a job estimated to take 12 days, where the overhead costs increase each day in a geometric progression starting wit

1. Vamos analisar as fórmulas dadas e definir as variáveis: - $P$ é o valor presente que queremos calcular.

1. **State the problem:** Calculate the present value (PV) of an income stream paying 1000 at the end of each month for 3 years with an interest rate of 13% compounded monthly.

1. The more frequent the compounding, the higher the total amount. This is because interest is calculated and added more often, letting interest earn interest more frequently. 2. I

1. **Problem:** An employee pays 20,000 annually for 20 years at 2.3% interest compounded annually. Find the yearly pension for 25 years after retirement. Step 1: Calculate the fut