When searching i I dont understand how F flips over the = sign. Why P is divided by F makes no sense to me
F = P(1+i)^t
147,500 = 120,500(1+i)⁴
(1+i)⁴ = 147,500/120,000 this step makes no sense to me, why does it happen?
Any feedback would be appreciated, thanks
F = P(1+i)^t
147,500 = 120,500(1+i)⁴
(1+i)⁴ = 147,500/120,000 this step makes no sense to me, why does it happen?
Any feedback would be appreciated, thanks