elementary algebra

Discussion in 'MATLAB' started by jasmine rivera, Nov 7, 2003.

  1. jasmine rivera

    jasmine rivera Guest

    I am a student in a community college. Our instructor Dr. Hong told
    us to solve the problem (listed below) by using simple Algebra. I
    cannot find the solution and several others I asked for help cannot
    either. Is there really a solution? Gosh this is far from simple :(
    -------------------------------
    Given these two intial conditions,


    FV=P(1+rt)
    D=FV(1-dt)


    How do we arrive at the following equation.


    r=d/1-d
     
    jasmine rivera, Nov 7, 2003
    #1

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