I have the following equation:
$\log(S_n) = \log(u)[2T-n]\,\,$
I was just wondering how $S_n = u^{2T-n}$ is then obtained?
Thank You
I have the following equation:
$\log(S_n) = \log(u)[2T-n]\,\,$
I was just wondering how $S_n = u^{2T-n}$ is then obtained?
Thank You
You can also use the fact that $a \times \log{x} = \log{(x^a)}$ which means that $$\log{(u)} [2T-n] = [2T-n] \times \log{(u)} \\ = \log{(u^{[2T-n]})} = \log {S_n} \Rightarrow S_n = u^{[2T-n]}$$