Equation of Value

[Bharti Singla]

Hii all
In ch. 8, page 13- Qus.8.9
Here in the solution, while using trial and error method , the rates 4% and 5% are used. But at 4% , the R.H.S. is being ∞. So, exactly at what rate they have calculated R.H.S. as 5384.06?
Thanks

 

[Rajat gupta]

Hii all
In ch. 8, page 13- Qus.8.9
Here in the solution, while using trial and error method , the rates 4% and 5% are used. But at 4% , the R.H.S. is being ∞. So, exactly at what rate they have calculated R.H.S. as 5384.06?
Thanks

Hi Bhati
Dont you see in brackets " using the first expression"?
Regards
Rajat

 

[Bharti Singla]

Ohh yes, got it!
Thanks