I am stuck on the last equation I was taking the -1 from the right side. hints my teacher gave was "Do not divide by[1-(1+(r))^-nt] but rather divide by (1+(r))^nt

In finance, there are three fundamental equations: = Lump Sum: P;= P. (1+2)" , . a(149** Annuity: A = n Po Loan: R = ent For this project, your job is to show that the loan formula is derived from the other two formulas. In other words, start with Po (1 +9" = (1437*), . and algebraically work your way toward the loan equation. If done properly, you should be able to start with the Lump Sum formula and the Annuity formula set equal to each other, as demonstrated above, and you should end by showing that this is in fact the loan formula itself. In short, if you algebraically nt correctly, you will end up with exactly the Loan formula-This is your task. A word of caution...be careful with your negative signs. Porn Poln manipulate Po (1 + 3" = (4* ) An = R[(14%)nt 1] => R=2 = R + = (1 thn (1+2 PER - 1