http://www.intmath.com/Money-Math/annuity_6.gif
Above is the annuities formula (change the - to a + as i am not using it for loans) used to calculate the amount of money accumulated over a period of time with compounding interest, with a monthly input of $W.
the first part is an example...
hey I am 16, grade 12 in australia, struggling on the hardest question on the current maths assignment.
i was wondering if someone could point me in the right direction?
i really have no idea where to start. and no one i seem to ask has any useful info.
Homework Statement...