I’d like to consider Ernie, Flo and George. Ernie Flo and George each pay £1000pcm to rent their homes and are struggling to get a mortgage because of rising house prices and short-term academic contracts. Their older friends bought when house prices were lower, and started paying mortgages off earlier: even benefiting from low interest rates (while the pension pot withered for the same reason). Having paid off the mortgage over 25 years, they could be 11k better off a year than anyone still paying rent/mortgage from their pensions. (I’m allowing a random 1k a year for repairs.)

In the meantime, Ernie Flo and George have been over-paying compared with the benefits they are due to receive, supporting the final-salary promises made to longer-standing USS members they themselves will never benefit from them. Woe to Ernie Flo and George. ]]>

Can we say that h_1g_2=g_2h_1? Unfortunately not. But let’s play around a little. We know that H is closed under conjugation, so we might try to find a conjugation. And we can! Rearranging the equation we were hoping for gives us that g_2^{-1}h_1g_2=h_1. There is no reason to suppose that that is true, but we do at least know that the right hand side belongs to H…

Should be left hand side.

]]>Do you evaluate the level of jornal ‘Discrete applied mathaematics’ as high as ‘Discrete mathematics’?

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