document.write( "Question 989720: Could you rearange this formula to solve I and also rearange it to solve N
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document.write( "I can't find it out.\r
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document.write( "FV = PV * ( 1 + I ) ^ N\r
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document.write( "where
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document.write( "FV =future value
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document.write( "PV =present value
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document.write( "I =interest rate
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document.write( "N =periods\r
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document.write( "Thank you very much
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document.write( "Alain \n" );
document.write( "
Algebra.Com's Answer #609959 by rothauserc(4718) You can put this solution on YOUR website! FV = PV * ( 1 + I ) ^ N \n" ); document.write( "1) solve for I \n" ); document.write( "divide both sides of = by PV \n" ); document.write( "( 1 + I ) ^ N = FV / PV \n" ); document.write( "take the Nth root of both sides of = \n" ); document.write( "1 + I = ( FV / PV ) ^ (1 / N ) \n" ); document.write( "subtract 1 from both sides of = \n" ); document.write( "I = ( ( FV / PV ) ^ (1 / N ) ) - 1 \n" ); document.write( "2) solve for N \n" ); document.write( "divide both sides of = by PV \n" ); document.write( "use definition of logarithm - log base a of X = N means a ^ N = X \n" ); document.write( "N = log base (I + 1) of ( FV / PV ) \n" ); document.write( " \n" ); document.write( " |