From 3dccb70614912cad5ac9fa0cf4809d10840d5690 Mon Sep 17 00:00:00 2001 From: James Su Date: Mon, 9 Mar 2020 14:47:42 +0000 Subject: [PATCH] Update Unit 2: Sequences, Series, and Financial Applications.md --- .../Unit 2: Sequences, Series, and Financial Applications.md | 4 ++-- 1 file changed, 2 insertions(+), 2 deletions(-) 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