Discussion about math, puzzles, games and fun. Useful symbols: ÷ × ½ √ ∞ ≠ ≤ ≥ ≈ ⇒ ± ∈ Δ θ ∴ ∑ ∫ π -¹ ² ³ °

You are not logged in.

- Topics: Active | Unanswered

Pages: **1**

**Banon****Guest**

In periodic interest if I know everything except number of compoundings per year,how do I find it?

**bob bundy****Administrator**- Registered: 2010-06-20
- Posts: 8,206

hi Banon,

I'm assuming you mean 'if I know all the variables except n, how do I work it out?'

http://www.mathsisfun.com/money/compoun … l#periodic

Half way down the page is the formula for this.

Bob

Children are not defined by school ...........The Fonz

You cannot teach a man anything; you can only help him find it within himself..........Galileo Galilei

Offline

**Banon****Guest**

Sorry,but i couldn't find any formula for n there.There is the formula Fv=Pv(1+r/n)^(nt) but i don't know how to solve that expression for n.

**bobbym****bumpkin**- From: Bumpkinland
- Registered: 2009-04-12
- Posts: 109,606

Hi Banon;

You can not always solve for any variable you want. In this case I do not think you can get n by itself on the left.

**In mathematics, you don't understand things. You just get used to them.****If it ain't broke, fix it until it is.**** Always satisfy the Prime Directive of getting the right answer above all else.**

Offline

**bob bundy****Administrator**- Registered: 2010-06-20
- Posts: 8,206

hi Banon,

Arhh yes! Good point.

You could solve it graphically like this;

using

http://www.mathsisfun.com/data/function … 8&ymax=1.2

I've chosen r = 0.05 and you have to have x instead of n.

You can put y = FV/PV as the second graph and zoom in on the point where the line cuts the curve.

Bob

Children are not defined by school ...........The Fonz

You cannot teach a man anything; you can only help him find it within himself..........Galileo Galilei

Offline

Pages: **1**