Math Help 
[Jan. 17th, 200911:23 am]
Mia

Maybe Marc or Dri can help :\
I've completely forgotten how to solve for an exponent.
My formula (to find Annuity Present Value) is:
$2000 = $50 x { 1  [1/(1+0.02)^t /0.02
I don't know how to get t (for time). I feel retarded. Haha.
Halp?
P.S. Q is: Suppose you owe $2000 on a Visa and the interest rate is 2% per month. If you make the minimum monthly payments of $50, how long will it take you to pay it off? 

