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Update Unit 2: Sequences, Series, and Financial Applications.md

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James Su 2020-03-09 14:47:42 +00:00
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Grade 10/Math/MCR3U7/Unit 2: Sequences, Series, and Financial Applications.md
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@ -166,7 +166,7 @@ Since it is basically the summation of a geometric sequence, we can apply the ge
```math ```math
\large \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 ## Present Value Annuities
@ -174,5 +174,5 @@ The **Present Value** of an annuity is today's value of having equally spaced pa
```math ```math
\large \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}}
``` ```