Basic maths help.

Soldato
Joined
13 Dec 2006
Posts
3,250
Hi guys & gals.

A rather embarrassing question due to how simple I know it will be in the end but I'm going to ask anyway so I at least know plus I know someone on here will know.

If you have the amount needed to invest and the amount the annuity will be per year as well as the time period how do you calculate the % rate of interest.

Second embarrassing question.

If you were to roll two six sided dice, how would you calculate the probability of neither of them landing on a 2. I think I know how to do it but would like to make sure.

Ta :)
 
Last edited:
The s*(1+r)n? r being rate and n the # of periods?

Just need to really brush up on it all as I'm struggling with my annuities etc in my exams. Which is really stressing me as on my course it was my strongest point.
 
Back
Top Bottom