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Question 1867: One Exact No-Cash-Flow Compound Period

On this page
  1. Original question and givens
  2. Definition and scope
  3. Step-by-step derivation
  4. Reverse checks
  5. Result
  6. This question review and source binding

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R0002-01867 · q-20261013-advance-20261020-r07-compound-interest-0017

Original question and givens

Use one fixed exact rate per declared period and no deposits, withdrawals, fees, taxes or rounding. Rate and period conventions agree; balances/principal are nonnegative and 1+rate>0. This is not investment advice, a quote or a market forecast. Use exact rational inputs. Normalize denominator signs and reduce output fractions; print integers without /1. These specified-value checks do not identify truncation, rounding, measurement or model-error causes. balance=162/1, rate=-1/20. Give (balance, rate, accumulation factor 1+rate, next balance).

  • G001 — Use one fixed exact rate per declared period and no deposits, withdrawals, fees, taxes or rounding. Rate and period conventions agree; balances/principal are nonnegative and 1+rate>0. This is not investment advice, a quote or a market forecast. Use exact rational inputs. Normalize denominator signs and reduce output fractions; print integers without /1. These specified-value checks do not identify truncation, rounding, measurement or model-error causes. balance=162/1, rate=-1/20. Give (balance, rate, accumulation factor 1+rate, next balance).

Definition and scope

Use the original question domain, assumptions and cited MKO definitions. This item has second-context mathematical and bilingual review, with the model, answer and every arithmetic step independently recomputed from the original parameters; the source question remains a candidate.

Step-by-step derivation

S001 · calculation

Before

accumulation factor := sum(1, -1/20)

After

accumulation factor = 19/20

Conditions: none

Add1 to the per-period rate to obtain the multiplicative accumulation factor.

Step identifiers and dependencies

Rule: exact_rational_arithmetic · Uses: G001

S002 · implies

Before

per-period rate=-1/20; factor=19/20>0

After

fixed-period exact recurrence B_(k+1)=(1+r)B_k

Conditions: none

Use only the exact fixed-period,fixed-rate model with no extra cash flows;this is not product advice and no currency rounding is introduced.

Step identifiers and dependencies

Rule: compound_model_assumptions · Uses: G001, S001

S003 · implies

Before

current balance=162

After

next balance=162·19/20

Conditions: none

Multiply the complete current balance by the factor,not merely the original principal by the rate once.

Step identifiers and dependencies

Rule: period_update_substitution · Uses: G001, S002

S004 · calculation

Before

next balance := mul(162, 19/20)

After

next balance = 1539/10

Conditions: none

Compute the next-period balance exactly as a rational.

Step identifiers and dependencies

Rule: exact_rational_arithmetic · Uses: G001, S003

Reverse checks

  • S004 · premise_and_result_audit — Recompute next balance with exact rational arithmetic, not rounded decimals.
  • S003 · premise_and_result_audit — Check against the original data and this step's premises; a one-way implication is not an equivalence.
  • S002 · premise_and_result_audit — Check against the original data and this step's premises; a one-way implication is not an equivalence.
  • S001 · premise_and_result_audit — Recompute accumulation factor with exact rational arithmetic, not rounded decimals.

Result

(162, -1/20, 19/20, 1539/10)

The full substitutions and premise checks give the original answer; source identity,format and status are unchanged.

This question review and source binding

Review date: 2026-10-26

Original questions, answers, step expressions, numeric ASTs and historical records are retained. Source candidate labels remain historical and are not overwritten as formal proof.

Source hashes and review receipts
  • input commit: 0f7be61e2c22317a4075561dc822c87d881a50db
  • original question SHA-256: 658486044889c3b3b2b38c2f9f5225ff073270c9f351db031a5f7987002e7aae
  • candidate record SHA-256: 8281a403bebb6b63a3cad1658a0e8afb1dc3ce3c2a20ea60b3289ac7748c90a1
  • semantic review receipt SHA-256: 340d74dcc6e37df6249594a0b79a9ee2af804337b7847478b3c1342af9722861
  • question-first witness SHA-256: 9a06233d190d31a16f13fb03b6c3ceba4cbb748fff6c997941f66ab1888dcca8
  • Lean: NOT_RUN · human review: NOT_PERFORMED
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