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A = P x ((i/12)/((1+(i/12)-1)^(1/360)) + (i/12))

Given:
i = Interest Rate/year
A = 1,500
P = 400,000

Determine Equation, in Terms of i = (?) [ Please, help me simplify equation, to be, in terms of i = ]
How do I Isolate Equation, and Solve(find) Equation, in terms of i ?
 Jan 26, 2012
 #1
avatar+3080 
0
replace all "i" with "x", because i is the imaginary unit:

solve( A = P * ((x/12)/((1+(x/12)-1)^(1/360)) + (x/12)), x)
=>
x=-((((2^(1/180)*3^(1/360))*P)*x^(359/360)-(12*A))/P)
 Jan 26, 2012

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