Achieve the saving goal by geometric sequences

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Yuwaree Punkla Kritsana Neammanee

Abstract

In this paper, geometric series is applied for calculating interest in order to obtain the savings plan for the future.

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References

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Kritsana Neammanee (1997). Calculus for Business I. Bangkok: Chulalongkorn University Press.
[2] Capinski, Marek and Zastawniak (2011). Tomasz, Mathematics for Finance, An Introduction to Financial Engineering. London: Springer-Verlag.
[3] J Robert Buchanan (2012). An Undergraduate Introduction to Financial Mathematics. Singapore: World Scientific Publishing Company.
[4] Lawrence N. Dworsky (2009), Understanding the Mathematics of Personal Finance: An Introduction to Financial Literacy. New Jersey: Wiley.