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10-K Diver on Twitter: "4/ We can model this using a Recurrence Equation. Let W(N) be the portfolio's value after N years. Then, the Recurrence Equation lets us calculate W(N) from W(N -
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SOLVED: Characteristic Roots. Given a recurrence relation an + aan-1 + Ban-2 = 0,the characteristic polynomial is +ax + B giving the characteristic equation: +ax +8 = 0. Ift1 and r2 are
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