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**solve for i.... Pleas help.**

Nvm I figured it out.

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- Thread starter iac0b
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- #1

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Nvm I figured it out.

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- #2

Mark44

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After you get to this equation...## Homework Statement

20,000= (1/(1+i)^5) * 35,247

## Homework Equations

## The Attempt at a Solution

Here is what I did. I divided both sides by 35,247 and got .5674241779= (1/(1+i)^5).

From here I converted 1/(1+i )^5 to (1+i)^5/2. I then multiplied the reciprocal of the exponent to both sides and ended up with i= .715...

Please help me solve for i

20,000/35247 = 1/(1+i)^5

take the 5th root of both sides. That will give you

(20000/35247)^(1/5) = 1/(1 + i)

Can you take it from there?

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