SOLUTION: Solve the following formula for r. (assume all variables are positive) r(e)=(1+r/m)^m -1

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Question 1055351: Solve the following formula for r. (assume all variables are positive)
r(e)=(1+r/m)^m -1

Answer by stanbon(75887)   (Show Source): You can put this solution on YOUR website!
Solve the following formula for r. (assume all variables are positive)
r(e)=(1+r/m)^m -1
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(1+(r/m))^m = r(e)+1
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(1+(r/m)) = (r(e)+1)^(1/m)
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r = m[(r(e)+1)^(1/m) - 1]
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Cheers,
Stan H.
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