Recent content by Grits

If r=8%, t=5 and m=4 find the timve value factors given below: FVIF r%/m,t*m=[(1+(r/m))^t*m] I got 1 as the answer I just canceled out and got 1 left over.

Here's another Solve for r directly when FVt =PVo *(1+r)^t

how do i put that in my calculator

so does r = 295 (20/3)^3 = 296 r=296-1

I am new to the site but I need some math help. I am a business major and I am taking Business Finance. He wants us to do a bonus quiz to see how well our math skills are for the class. Well I can't seem to figure them out. Someone please help. (1 + r)^2 = 10 (1+r)^2=10 (1+r)(1+r)=10...