SOLUTION: Derive the following formula. a) S = R[ (1+i)-1 / i ] b) A= R[ 1-(1+i)^(-n) / i ]

Algebra ->  Finance -> SOLUTION: Derive the following formula. a) S = R[ (1+i)-1 / i ] b) A= R[ 1-(1+i)^(-n) / i ]      Log On


   

Question 1162504: Derive the following formula.
a) S = R[ (1+i)-1 / i ]
b) A= R[ 1-(1+i)^(-n) / i ]
Answer by ikleyn(52802) About Me  (Show Source):
You can put this solution on YOUR website!
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