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Thread: Math Formula?

  1. Jan 18th 2011, 06:28 PM #1
    Mmike
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    Math Formula?

    OSB60 = $350,000 (1.0113403)^60 - $4108.58 x s[60, 1.13403%]^11
    = $338,104.89

    I don't understand the highlighted part. I'm guessing it is a notation. Can someone please explain what it stand for...and how to solve it.

    Thanks in advance.
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  2. Jan 18th 2011, 06:39 PM #2
    pickslides
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