F ferneyhe Nov 2019 1 0 London Nov 25, 2019 #1 The following formula gives the initial payment for an increasing annuity (see: https://financeformulas.net/Growing-Annuity-Payment.html): P=V * (r-g)/(1-((1+g)/(1+r))^n) I need help solving for r. Can anybody help? Thanks

The following formula gives the initial payment for an increasing annuity (see: https://financeformulas.net/Growing-Annuity-Payment.html): P=V * (r-g)/(1-((1+g)/(1+r))^n) I need help solving for r. Can anybody help? Thanks

romsek Math Team Sep 2015 2,871 1,607 USA Nov 25, 2019 #2 looks like you're going to have to use numerical methods for given values of P, V, g, and n