Hello!
I have to write a program using the formula:
payment= (i*P)/(1-(1+i)^n).
i= monthly interest rate
P= principal or amount borrowed
n= number of payments
I was briefly taught that pow involves raising a number to a power with a simple example. However, now I am not so certain how to write the formula in C.
I thought: payment= (i*P)/(1(pow(1+i,-n))
Please explain the correct method of writing this formula in C.
Thank you all so much!! (:
