Solving the TVM equation for the interest rate
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02-12-2020, 09:37 PM
Post: #20
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RE: Solving the TVM equation for the interest rate
(02-12-2020 05:25 PM)Albert Chan Wrote: This formula is based on Pade[1,1], I centered 0, of NFV = F + P + ((1+I)^N-1)*(P+M/I) One could use this formula as an initial approximation to Newton's method or something else. A good initial approximation is necessary for all iterations and the your [1,1] Pade looks really good. |
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