diff --git a/Grade 10/Math/MCR3U7/Unit 2: Sequences, Series, and Financial Applications.md b/Grade 10/Math/MCR3U7/Unit 2: Sequences, Series, and Financial Applications.md index fa13ddb..489c3cd 100644 --- a/Grade 10/Math/MCR3U7/Unit 2: Sequences, Series, and Financial Applications.md +++ b/Grade 10/Math/MCR3U7/Unit 2: Sequences, Series, and Financial Applications.md @@ -166,7 +166,7 @@ Since it is basically the summation of a geometric sequence, we can apply the ge ```math \large -FV = \frac{R[(1+\frac{r}{n})^n - 1]}{\frac{r}{n}} +FV = \frac{R[(1+\frac{r}{n})^{nt} - 1]}{\frac{r}{n}} ``` ## Present Value Annuities @@ -174,5 +174,5 @@ The **Present Value** of an annuity is today's value of having equally spaced pa ```math \large -PV = \frac{R[1 -(1+\frac{r}{n})^{-n}]}{\frac{r}{n}} +PV = \frac{R[1 -(1+\frac{r}{n})^{-nt}]}{\frac{r}{n}} ``` \ No newline at end of file