I have a base value 16, I need to divide it by the ratio 1.067 6 times to reach the desired outcome value 10.84, I'm currently doing this via:
16 / 1.067 / 1.067 / 1.067 / 1.067 / 1.067 / 1.067
Is there a more efficient way to write this calculation so I don't have to repeat the ratio multiple times? I was thinking something like this:
16 / (1.067 * 6)
But that gives me an incorrect outcome value of 2.49.
Any help would be greatly appreciated.