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December 4th, 2017, 02:45 PM   #1
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Can you simplify this equation?

L/((1-1/((1+r)^a))*(1-1/((1+r)^b)))

or

L
________________________________
(1 - 1/((1+r)^a)) * (1 - 1/((1+r)^b))

or is this as simple as it gets
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December 4th, 2017, 03:10 PM   #2
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You could write it as shown below.

$\ \ \ \ \ \ \ \ $L(1 + r)^(a + b)
--------------------------
((1+r)^a - 1)((1+r)^b - 1)
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