How to solve:S= 1/1.06[1-1/(1.06)^20]/1-1/1.06

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter11: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 11.18E
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S= 1/1.06[1-1/(1.06)^20]/1-1/1.06

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