SOLUTION: I AM GETTING -.2004 FOR THE FOLLOWING EQUATION... IS THIS CORRECT? L= (gt/p(1-d)(1+g))-1 L= (.1976*1.3289/.2001(1-.4912)(1+.1976))-1

Algebra ->  Finance -> SOLUTION: I AM GETTING -.2004 FOR THE FOLLOWING EQUATION... IS THIS CORRECT? L= (gt/p(1-d)(1+g))-1 L= (.1976*1.3289/.2001(1-.4912)(1+.1976))-1      Log On


   

Question 406890: I AM GETTING -.2004 FOR THE FOLLOWING EQUATION... IS THIS CORRECT?
L= (gt/p(1-d)(1+g))-1
L= (.1976*1.3289/.2001(1-.4912)(1+.1976))-1
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
That is what I got also.
Good luck.
Bob