MasterNewbie
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- Oct 12, 2016
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I apologize for the vague title, but I'm not really sure how to describe the problem. I am also not sure if this belongs here or in financial math (the crux of the problem is calculus-based so I'm posting it here).
The problem in its entirety:
Suppose an accumulation function a(t) is differentiable and satisfies
a(s + t) = a(s) + a(t) - a(0)
for all non-negative reals s and t.
a) Using the definition of derivative, show that a'(t) = a'(0).
b) Show that a(t) = 1 + i*t, where i = a(1) - a(0) = a(1) - 1
Of note, all accumulation functions a(t) have the property a(0) = 1.
I finished part a, and began with part b.
a'(t) = a'(0) = i (a'(t) evaluated at t = 0 is a constant, which I am calling i)
Integrating it,
a(t) = i*t + c
We know a(0) = 1 = i*0 + c
implies c = 1
So a(t) = 1 + i*t.
I am stuck at showing that i = a(1) - a(0).
I tried doing a(2) = a(1+1) = a(1) + a(1) - a(0) but the resulting equation is dependent, and anything of a similar vein ends up being dependent.
The problem in its entirety:
Suppose an accumulation function a(t) is differentiable and satisfies
a(s + t) = a(s) + a(t) - a(0)
for all non-negative reals s and t.
a) Using the definition of derivative, show that a'(t) = a'(0).
b) Show that a(t) = 1 + i*t, where i = a(1) - a(0) = a(1) - 1
Of note, all accumulation functions a(t) have the property a(0) = 1.
I finished part a, and began with part b.
a'(t) = a'(0) = i (a'(t) evaluated at t = 0 is a constant, which I am calling i)
Integrating it,
a(t) = i*t + c
We know a(0) = 1 = i*0 + c
implies c = 1
So a(t) = 1 + i*t.
I am stuck at showing that i = a(1) - a(0).
I tried doing a(2) = a(1+1) = a(1) + a(1) - a(0) but the resulting equation is dependent, and anything of a similar vein ends up being dependent.