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How to Isolate/solve for effective interest rate (i) from FVanndue=(1+i)*(1+i)^n-1/i Future value, annuity due: mi = (1+i)mi = (1+i) {1+1}-1 (1i)- == 2
How to Isolate/solve for effective interest rate (i) from
FVanndue=(1+i)*(1+i)^n-1/i
Future value, annuity due: mi = (1+i)"mi = (1+i) {1+1}"-1 (1i)- == 2Step by Step Solution
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