MathDB
Putnam 1958 February A6

Source: Putnam 1958 February

July 18, 2022
PutnamEffective annual Interest Rate

Problem Statement

What is the smallest amount that may be invested at interest rate ii, compounded annually, in order that one may withdraw 11 dollar at the end of the first year, 44 dollars at the end of the second year, \ldots , n2n^2 dollars at the end of the nn-th year, in perpetuity?