For all natural number n we deduce binomial convolution sums formulae composed with Fibonacci numbers and Lucas numbers. Moreover we obtain those of similar convolution sums without a binomial symbol.
Open access
Research Article10.9734/ARJOM/2016/27580
A definitive positive answer to the so-called proper subspace problem (a.k.a. the atomic space problem) for quasi-normed spaces is given: every infinite dimensional quasi-normed space has a proper closed infinite-dimensional subspace.
Open access
Research Article10.9734/ARJOM/2016/26927
A formula expressing an in nite product as an infinite sum is called a product-to-sum identity. In this paper we try to consider a special product-to-sum as and so for integers r, u, a, b, c, x, y and z we deduce all solutions of (r, u, a, b, c, x, y, z) with r ≥ 0.
Open access
Research Article10.9734/ARJOM/2016/26832
Our goal here is to discuss the pricing problem of European and American options in discrete time using elementary calculus so as to be an easy reference for first year undergraduate students. Using the binomial model we compute the fair price of European and American options. We...
Open access
Research Article10.9734/ARJOM/2016/26251