Hi,

I have the following formula (see attachment).

How do I rearrange this to get the value of S2?

Thank you

Joe

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- May 6th 2009, 04:04 AMjoemoran7Rearrange formula
Hi,

I have the following formula (see attachment).

How do I rearrange this to get the value of S2?

Thank you

Joe - May 6th 2009, 04:12 AMearboth
1. Multiply the equation by $\displaystyle S_2$

2. Add $\displaystyle S_2$ on both sides of the equation

3. Collect the terms with $\displaystyle S_2$ at the RHS of the equation

4. Divide both sides of the equation by 1.0095

5. The final result should be $\displaystyle \dfrac{1000}{673} \approx 1.48588$ - May 6th 2009, 05:07 AMjoemoran7
Thank you very much for that - I just had an absolute mind block attempting to do that simple calculation (don't ask me why).

If you were interested this equation is a later stage of a longer equation I am using for my international financial management module at university - I know, I should really be able to do this algebra, ha ha.

Joe