document.write( "Question 154204: P = (N/r)( 1 - (1 + r)-n )\r
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document.write( "P = (20000/0.05)( 1 - (1 + 0.05)^-20 )
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document.write( " = 400000(1 - .37689) = $249,244
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document.write( "This is the formula and the solution. Can someone PLEASE tell me how they did (1-(1+0.05)^-20) and reached the .37689.\r
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document.write( "I am desparate and no one has answered the last 2 questions I have posted. Am I posting in the wrong area? \n" );
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Algebra.Com's Answer #113525 by Earlsdon(6294)![]() ![]() ![]() You can put this solution on YOUR website! Evaluate: \n" ); document.write( " \n" ); document.write( " |