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Simply "Accounting"
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Hope you can help me on this matter.
Please do derive the value of i! Thanks I will surely grant you best answer!?
Solve for i given this equation:
A = Y{{1-[(1+i)^-n]}/i}
2 AnswersMathematics1 decade agoCan one please derive the value of i?
A = Y(X/i)
whereas:
X= {1-[(1+i)^-n]}
and the value of j if
j = i/n
This is actually a formula for computation of interest. i is the effective interest rate and j is the nominal interest rate.
1 AnswerMathematics1 decade ago