# Tag Archives: Puzzle #1

## Puzzle #1: Epilogue

Puzzle #1 posed the question: given a \$100,000 mortgage at 5% with monthly payments of \$536.82 for 30 years, what is the average life of the principal payments? The puzzle was to be solved with just a few simple calculations. … Continue reading

Posted in Bonds, Fun, Math, Puzzles | | 7 Comments

The answer to Puzzle #1 is now visible as a comment from Ron Page under the original post. Ron has provided the only correct answer so far (he’s missing a pair of parentheses, but it’s clear what he means). His … Continue reading

Posted in Fun, Math, Puzzles | | 4 Comments

## Clue for Puzzle #1

For anyone who needs a little help with Puzzle #1, I placed a clue in a comment to this post. Other Posts on Puzzle #1: Puzzle #1, Answer to Puzzle #1, Puzzle #1: Epilogue Other Puzzles: Puzzle #2, Puzzle #3, … Continue reading

Posted in Fun, Math | | 4 Comments

## Puzzle #1: Mortgage Average Life

Here is the first in a series of puzzles that might have something to do with finance or math. The first to respond with a correct answer will be recognized in The Well-Tempered Spreadsheet Hall of Really Smart People. First, … Continue reading

Posted in Fun, Math, Puzzles | | 21 Comments