document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=942962>Question 942962</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Having a bit of trouble with this one. The fact that the n is an exponent is making me unsure about how I am supposed to proceed.\r<BR>\n" );
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document.write( "FV=PV(1+i)^n  solve for i </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #574894 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=574894\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Having a bit of trouble with this one. The fact that the n is an exponent is making me unsure about how I am supposed to proceed.<BR>\n" );
document.write( " FV=PV(1+i)^n solve for i<BR>\n" );
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document.write( "n*log(1+i) = FV/PV<BR>\n" );
document.write( "log(1+i) = FV/[PV*n]<BR>\n" );
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document.write( "1+i = 10^[FV/[PV*n]<BR>\n" );
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document.write( "i = 10^[FV/[PV*n]] - 1<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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