In the future value of an annuity formula:
pv*[(1+r)^n - 1]/r = fv
how do I solve for r? Thanks.
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01-01-2009, 12:50 PM #1Senior Member
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How do I solve for the rate of return in a future value of annuity formula?
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01-01-2009, 12:50 PM #2Junior Member
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fill in the appropriate numbers for p,n,f,v and solve like a normal equation.
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