How do you solve this In this case 1422 = 5534/(1+r)^4

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asked Jan 21, 2018 1.2k views

1 Answer

NealWalters · Answer 1 · 2018-01-27T17:34:03+0000

it is okay to take the inverse of both side given that you remember to exclude the value that make the denominator zero which is in this case r=-1