By Amos Oz, Fania Oz-Salzberger
Why are phrases so vital to such a lot of Jews? Novelist Amos ounces and historian Fania Oz-Salzberger roam the gamut of Jewish heritage to provide an explanation for the vital dating of Jews and phrases. via a mix of storytelling and scholarship, dialog and argument, father and daughter inform the stories at the back of Judaism’s such a lot enduring names, adages, disputes, texts, and quips. those phrases, they argue, compose the chain connecting Abraham with the Jews of each next generation.
Framing the dialogue inside such themes as continuity, ladies, timelessness, and individualism, oz. and Oz-Salzberger deftly interact Jewish personalities around the a while, from the unnamed, almost certainly lady writer of the music of Songs via imprecise Talmudists to modern writers. They recommend that Jewish continuity, even Jewish area of expertise, relies now not on vital areas, monuments, heroic personalities, or rituals yet fairly on written phrases and an ongoing debate among the generations. jam-packed with studying, lyricism, and humor, Jews and Words deals a rare travel of the phrases on the middle of Jewish tradition and extends a hand to the reader, any reader, to hitch the dialog.
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84. 2 APR Versus APY We begin by showing how the interest rate r relates to the return rate in the context of compound interest. At time t0 invest an amount F0 > 0 (principal) in an account that grows under k-periodic compounding at interest rate r. Suppose that the account pays no dividend. Let F(t f ) > 0 be the value of the principal at a future time t f = t0 + τ. 32) where the subscript C I indicates that the return rate is in the context of compound interest. Note the dependence on the length τ of the time interval [t0 , t f ].
2) since the numerator and denominator of each term would be multiplied by n and so n would drop out. Notation. When the return rate depends on the length τ of [t0 , t f ] rather than on the location of [t0 , t f ] on the positive time axis [0, ∞), we set R ( t0 , t f ) = R ( τ ) . 2) is called the dividend yield and represents the per0 unit cash dividend from the investment as a percent of the initially invested capital V (t0 ). 4 It expresses the final value V (t f ) as a percent of the initial value V (t0 ).
Money’s Growth Under Different Compounding Periods) Invest $1, 000 at an interest rate of 7% and consider monthly, weekly, and daily compounding. Determine the future values after 2 years. Solution. 07, τ = 2, and k = 12 (monthly), 52 (weekly), and 365 (daily). The respective number of compounding periods is then 24 (monthly), 104 (weekly), and 730 (daily). 26 (daily compounding). 36 mth. What is the principal’s value at the end of the time span? 36 mth. 82. 36 mth? 67. 36 mth, and is replaced by simple interest growth.
Jews and Words (Posen Library of Jewish Culture and Civilization) by Amos Oz, Fania Oz-Salzberger