Can anyone tell me how my lecturer got to the answer? E(St+1)= 0.7262. I've been trying to solve this for the last two hours now btw i think she converts the percentages into decimals So 7% would = 0.07
Thanks man. I know it was a stupid question. Haven't done Algebra for nearly 7 years now so its all lost to me and it doesn't help when you are dyslexic! Really appreciate your help and thanks for jogging my memory.