\(\displaystyle 1-\text{Risk} = e^{-\text{rate}}\)Hello everyone,
A very basic question, but how would you rewrite the following equation for rate?
(1) Risk = 1- e^(-rate)
(2) rate = ....?
Thank you in advance! getting back into doing maths and do not remember how to approach this.
Thanks @BigBeachBanana!\(\displaystyle 1-\text{Risk} = e^{-\text{rate}}\)
Take the natural logs on both sides:
\(\displaystyle \text{rate} =-\ln(1-\text{Risk} )\)