help me with this algebra please.

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help me with this algebra please.

02-12-2013, 01:28 PM

benhogan

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Join Date: Aug 2009

Location: Chapel Hill

Posts: 1,092

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help me with this algebra please.

i'm stumped. help me find X

A=B(1+X)^n

I've been trying to figure it out for the past hour. It is basically the time value of money equation. the unknown is the rate (X)
A=new value
B=old value
n=# of periods

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