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OpenStudy (epicteatime):
8 Lastly, you decide to keep track of your loan four times a month instead of monthly. Solve for the adjusted interest rate. Remember to use the formula A(t)=P[(1+rn)1/c]cnt where c = 4. When solving for the adjusted interest rate, be sure to set it equal to 1+rn. I did it to a certain point, but I completely got lost after near the end, someone please help? :3
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OpenStudy (epicteatime):
14,995[(1+0.0515/48)1/4]^4*48*t, 14,995[(1+0.0515/48)^1/4]^4*48*t, 14,995[(1.002671567)]^192t Is where I got to
OpenStudy (epicteatime):
@saifoo.khan
OpenStudy (epicteatime):
@aaronq
OpenStudy (epicteatime):
@e.mccormick
OpenStudy (epicteatime):
@jdoe0001
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OpenStudy (epicteatime):
someoneeeeeeeeeeeeee xD
OpenStudy (epicteatime):
@texaschic101
OpenStudy (epicteatime):
@dan815
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@TheSmartOne
OpenStudy (perl):
is there a book i can look up the formula , so i can see it. what is the name of the book you are using
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OpenStudy (epicteatime):
noooope :P
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