errr...anyone good at math?

Syringer

Lifer
Aug 2, 2001
19,333
2
71
Originally posted by: TuxDave
1) (a^x)/(a^y) = a^(x-y)
2) a=b^c........ log(base b)[a] = c

:thumbsup:

Divide both sides by the left side, so on the right side you get..

15e^9t/13e^8t = 15/13 * e^t

And that equals one..

So

15/13 * e^t = 1
e^t = 13/15

So x = ln (13/15)
 

ManBearPig

Diamond Member
Sep 5, 2000
9,173
6
81
so...how do i do this?

the effective annual yield is 6.3 %

What is the nominal annual interest rate?

and also how do i find the effective annual yeild if i know the nominal annual interest rate?

thanks soo much