+0  
 
0
45
5
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4217=600(1=i)^6-1/i

 Jun 18, 2021
 #1
avatar+33360 
+2

Please proofread your post.....

 

I think it is supposed to be 4217 = 600 (1+i)6   - 1/i    ??

 Jun 18, 2021
 #2
avatar
0

Yes!!! I ment to hit that! sorry 

Guest Jun 18, 2021
 #3
avatar+33360 
+2

4217 = 600 (1+i)6   - 1/i        Divide through by 600

7.02833 = (1+i)^6  - 1/i

 

I am not sure how to complete this except graphically......where I get   i = .449     or  44.9 %  

 

Here is a desmos graph:

https://www.desmos.com/calculator/yb8xvzkdtr

 Jun 18, 2021
 #4
avatar
0

answer is .06 just know how it got to that

Guest Jun 18, 2021
 #5
avatar+33360 
+1

Yah...I saw Chris answer ..... you posted your equation incorrectly...and I guessed at what it was SUPPOSED to be incorrectly...

   it SHOULD have been

 

4217 = 600 [ (1+i)^6 -1 ] / i           PARENTHESES AND BRACKETS ARE VERY IMPORTANT IN MATH !!!      

ElectricPavlov  Jun 18, 2021

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