document.write( "Question 1118052: Hi i need help solving this equation\r
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document.write( "109.30= 10/(1+i)+110/(1+i)^2
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document.write( "i= 0.05 but how do we get to the i value? Can you please show step by step method. Thank you. \n" );
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Algebra.Com's Answer #733269 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Hi i need help solving this equation \n" ); document.write( "109.30= 10/(1+i)+110/(1+i)^2 \n" ); document.write( "i= 0.05 but how do we get to the i value? Can you please show step by step method. \n" ); document.write( "----- \n" ); document.write( "Multiply thru by (1+i)^2 to get:: \n" ); document.write( "110 + 10(1+i) = 109.3(1+i)^2 \n" ); document.write( "------ \n" ); document.write( "Let w = 1+i \n" ); document.write( "------- \n" ); document.write( "Solve for \"w\":: \n" ); document.write( "109.3w^2 - 10w - 110 = 0 \n" ); document.write( "---- \n" ); document.write( "Use the Quadratic Formula to solve for \"w\" \n" ); document.write( "w = -0.9585 or w = 1.05 \n" ); document.write( "---- \n" ); document.write( "Solve for \"i\":: \n" ); document.write( "1+i = -0.95785 or 1+i = 1.05 \n" ); document.write( "Ans: i = -1.95785 or i = 0.05 \n" ); document.write( "---- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "---------- \n" ); document.write( " \n" ); document.write( " |