0
$\begingroup$

Given the formula (source) $$ M = P \times \frac{J}{1 - (1 + J)^{-N}}$$ Assume $P$ and $J$ remain constant. I want to be able to find $N$ for given $M.$

Could you please give an example of a numeric method (like secant to solve the same)? [My] problem is how to find initial 2 values for the secant formula.

1 Answers 1