charlesjoy
New member
- Joined
- Mar 26, 2009
- Messages
- 38
Here is what I have done so far.
$10,000; 9 % compounded semiannually; 10 semiannual payments
P=R[1- (1+i)^-n/i]
10000=R[1-(1.09)^-10/.09
1-1.453/.09
Here is where I lost it.
$10,000; 9 % compounded semiannually; 10 semiannual payments
P=R[1- (1+i)^-n/i]
10000=R[1-(1.09)^-10/.09
1-1.453/.09
Here is where I lost it.