Welcome to the hotseat. We've prepared a guide if you'd like to read more about how it works.

Tut 1 Q3a how to find i

0 votes
asked May 6 in BUS 2016H - Financial Mathematics by anonymous

how to solve for i. I've tried equating the two necessary equations to each other as they relate to the interest earned between times 8 and 7.5 accordingly. But I'm not sure how to solve for i or to do so using fin. calculator.

1 Answer

+1 vote
answered May 8 by Alexa Psillos (640 points)
selected May 8 by Rowan
Best answer

There is a duplicate of this question which has been answered. Please look at that answer.