Question 1118052
 Hi i need help solving this equation 
109.30= 10/(1+i)+110/(1+i)^2
i= 0.05 but how do we get to the i value? Can you please show step by step method.
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Multiply thru by (1+i)^2 to get::
110 + 10(1+i) = 109.3(1+i)^2 
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Let w = 1+i
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Solve for "w"::
109.3w^2 - 10w - 110 = 0
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Use the Quadratic Formula to solve for "w"
w = -0.9585 or w = 1.05
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Solve for "i"::
1+i = -0.95785 or 1+i = 1.05
Ans: i = -1.95785 or i = 0.05
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Cheers,
Stan H.
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