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To find the constant rate of change is by taking the final minus initial over the initial.
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If an entiry is dependent on another entity in a certain way then the change in value of the dependent entity to an unit change in the value of the independent entity is the rate of change.
If the equation is of the form y = f(x) where f is some function of the variable x, then The initial value is found by evaluation f(0): that is, the value of f(x) when x = 0. The rate of change is the derivative of f(x) with respect to x, written as f'(x). That is the limit (if it exists), as dx tends to 0, of [f(x+dx) - f(x)]/dx. In the simple case, where f(x) is a linear equation of the form y = mx + c, then f(0) = c and f'(x) = m
You are evaluating a growing perpetuity product from a large financial services firm. The product promises an initial payment of $24,000 at the end of this year and subsequent payments that will thereafter grow at a rate of 0.05 annually. If you use a discount rate of 0.10 for investment products, what is the present value of this growing perpetuity?