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elecengineerBest ResponseYou've already chosen the best response.0
if I is any variable
 2 years ago

dipankarstudyBest ResponseYou've already chosen the best response.0
plot the two graph y=8.76i1 and y=(1+i)^11 find intersection point
 2 years ago

elecengineerBest ResponseYou've already chosen the best response.0
then 8.76 i = 1  (1+i)^(11)
 2 years ago

dipankarstudyBest ResponseYou've already chosen the best response.0
use online graphing
 2 years ago

elecengineerBest ResponseYou've already chosen the best response.0
^ yeh, the best you can do its graphical it wont have an exact solution all you can do is approximate
 2 years ago

satellite73Best ResponseYou've already chosen the best response.0
is that all over i? latex not workring?
 2 years ago

elecengineerBest ResponseYou've already chosen the best response.0
yeh , it doesnt have exact solution
 2 years ago

suzi20Best ResponseYou've already chosen the best response.0
this is anuity formula a subscript 11
 2 years ago

elecengineerBest ResponseYou've already chosen the best response.0
now do you get a negative power then
 2 years ago

elecengineerBest ResponseYou've already chosen the best response.0
if its a financial maths question then the power must be positive
 2 years ago

suzi20Best ResponseYou've already chosen the best response.0
thats the formula for interest
 2 years ago

satellite73Best ResponseYou've already chosen the best response.0
there is no algebra way to solve this. i think estimation is best, and i get .04
 2 years ago

satellite73Best ResponseYou've already chosen the best response.0
in fact it is .04 to 4 decimal places, .0400
 2 years ago

satellite73Best ResponseYou've already chosen the best response.0
and no the powers do not need to be positive. for example a payment formula has negative exponents.
 2 years ago

suzi20Best ResponseYou've already chosen the best response.0
me too, i found 0.03993, by plug in to calculator, but i need a way to write in my paper
 2 years ago
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