What is the name of this symbol ( ┐) and what does it mean

757 Views Asked by At

Sorry bout the dumb question, it's just that I'm taking a mathematical finances class and the teacher started using this symbol today but I've never seem it before, was trying to google it but don't know its name and searching for the symbol itself yields 0 results.!

It's the $┐$ in the following equation.

$$A = R \frac{1 − (1 + i)^{− n}}{i} (1 + i) = R \,a_{\overline{n}|i}\, (1 + i)$$

There are also these other equations here

1

There are 1 best solutions below

0
On

$a_{\overline{n}|i}$ (read a-angle-n at i) is the present value of an annuity-immediate: $$ a_{\overline{n}|i}=\frac{1-(1+i)^{-n}}{i}=\frac{1-v^n}{i}\qquad\text{with}\;v=\frac{1}{1+i} $$