#maths

44 messages · Page 1 of 1 (latest)

icy acorn
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Take the variable, and add it to itself then multiply

stray spear
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wait so thats for effective interest rate??

stray spear
icy acorn
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Oh sorry. I cannot help with the other one. I do not know that math.

stray spear
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i mostly need help with finding the value after 10 years so i can show like proof and support reasoning for part 5

stray spear
icy acorn
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I'll show it

stray spear
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is this for 4 or 5??

icy acorn
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5

stray spear
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okk

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the answer for 4 was - stank bank - 12.68% and oddities commodities - 6.14%

icy acorn
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12 * 1
6 * 4
Take 12 and 6 multiply
Within 2 exists 5
There exists 5 as well as 4 as well as 3
Take the highest number 5
72
72
72
72
72
therefore
360

This works, but I cannot explain how it is done. Any ideas?

stray spear
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so after 10 years, the value with stank bank will be 360?

icy acorn
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Yes

stray spear
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hows that even possible when he started with $2000 and the money was meant to be growing over the 10 years

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bruh

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if you cant do this one can you try and help with another question??

icy acorn
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Yes!

stray spear
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so i need to find the quarterly and annually value for all 3 loans

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its easier if you have a CAS calculator

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i think you need to use the finance solver function on it

icy acorn
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I see, I

stray spear
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you got one??

icy acorn
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Of sorts

stray spear
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you can download one online but it might take some time

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if you want tho you can just tell me what to enter in mine

icy acorn
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400 / value / annual/quarterly

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That should work

stray spear
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its not structured like that on the calculatorrr

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wait 1 min

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N = Total number of payments.
I(%) = Annual interest rate.
PV = Present value of the loan/investment.
Pmt = Amount paid at each payment.
FV = Future value of the loan/investment.
PpY = Number of payments per year.
CpY = Number of times the interest is compounded per year. (same as PpY.)
Always one unknown value, so move curser there and press enter.

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the photo is sending

icy acorn
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Easy. PV/PPY/PMT

stray spear
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so what do i enter

icy acorn
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400PPY/7.5%/Value

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It

stray spear
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thats wrong😭😭

icy acorn
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Give me a sec

stray spear
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i only know like the basics but I=7.5 and pmt=-400

icy acorn
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Sorry, I thought I knew all of math. I'm wrong.

stray spear
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b r u h

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its okk