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Forbes Advisor aims to assist you to by identifying what each cash-back card is ideal for, but you should often do The mathematics yourself and think about not merely exactly how much cash back again you could possibly receive but will also how you may use the other card Gains.
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For that reason, an extra (one + in) is present in Every cash move multiplication. With compounding m occasions per interval we arrive at in and n by setting r because the periodic rate and t given that the time period selection to estimate in = r/m and n = mt; we are able to now work out the PV starting up with the longer term price formulation
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