Can you solve this compounding math equation.

You didnt get answer on first thread ?

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Is the answer "Bacon"?
 
Do I look like some kind of math magician to you?

Besides how can we solve a math problem with letters? Letters are for words!
 
This reminds me of the money and time wasted on my CFA Training
 
Seriously guys, I want to find this out, is this really that hard question that nobody actually knows ?

Just put numbers there and solve it, is that really that hard?
You could solve this thousand times while you wait for answers

geesh
 
Seriously guys, I want to find this out, is this really that hard question that nobody actually knows ?

Why don't you pay attention in your 6th grade math class? Ask your teacher?

Please answer this question:

What in the F_CK does this have to do with blackhat SEO?
 
You make this equation sound simple, but it's not, I challenge you to solve it.

Here is the question:

John puts $100 in a bank account that pays 15% interest per year.John receives interest in another account every year, he uses 5% of that interest every year, and reinvest the remaining 95% of the interest in the bank account every year.After 10 years, how much would john have in his bank account.

Please also write the formula used to calculate this.

The formula for calculating amount of compound interest is A = P (1 + R) ^ y

But in this case, john also withdraws 5% from the interest, so, how the formula would be.

I know the answer.

I need 50 dollars.
 
What is happening to my BHW??? Knuckleheads everywhere with nothing to do but jump on the forum and in their first post(s) give the impression that they're the next serial killer and if you don't either agree with them or come up with a solution to a problem, you're the dick.

Hey OP, how about you join a MATH forum?
 
OP, play around with excel, its designed to do that.

What you are looking to calculate is Future Value (FV for short).

The usual formula is FV=(rate;nper;pmt;PV) nper = number of years (or any period you get interest on), pmt = the payment you pay into an account (can also be negative, so us this), PV = present value (the money you have for investment).

I'm not sure, but I think you can just take the 5% off of 10% interest, so you would just have 9,5% interest a year. So if we run FV=(9,5%;5;0;100) we get a FV of 157,42$ after 5 years. 10 years is 247,82$.

There is lots of info on this calculations and basic finance on the internet.
 
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