Hello, Please help solve this equation for x: I tried taking logs, but it didn't seem to help that much. Thanks! - Mark
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Originally Posted by djsnare Hello, Please help solve this equation for x: I tried taking logs, but it didn't seem to help that much. Thanks! - Mark Where has this equation come from?
It came from the formula for the present value of a bond: I would like to be able to express x as a function of the other terms. Thanks!
Originally Posted by djsnare Hello, Please help solve this equation for x: I tried taking logs, but it didn't seem to help that much. Thanks! - Mark Multiplying both sides by c- bx, (c- bx)(1+ x^n)= c+ bx. That is an n degree polynomial equation. There is no general formula for solving that.
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