document.write( "Question 545062: 1.43=1.05(1+g)4 trying to solve for g to give me the dividend growth rate. the answer in the book is .0803 I just forgot how to do this type of algebra. \n" ); document.write( "
Algebra.Com's Answer #355396 by nerdybill(7384)![]() ![]() You can put this solution on YOUR website! 1.43=1.05(1+g)^4 \n" ); document.write( "1.43/1.05 = (1+g)^4 \n" ); document.write( "(1.43/1.05)^(1/4) = 1+g \n" ); document.write( "(1.43/1.05)^(1/4) - 1 = g \n" ); document.write( "0.08 = g \n" ); document.write( "or \n" ); document.write( "8% = g\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |