It can be spelled y-o-g-u-r-t or y-o-g-h-u-r-t.

VOA: special.2009.01.19

g has to be less than r for this to make sense because if g--if it's growing faster than the rate of interest, then this infinite series will not converge and the value would be infinite.

必须小于r才行得通,因为如果g比利率涨的还快,那么这个无穷序列就不会收敛,价值就是无穷了

耶鲁公开课 - 金融市场课程节选

The address is u-s-a-l-e-a-r-n-s dot o-r-g.

VOA: special.2009.01.15