Answer:
18.7 years
Step-by-step explanation:
This is a compound interest problem and the following variables have been given;
Principal = 4000; this is the amount o be invested
APR = 9%; this is the compound interest to be earned
Accumulated amount = 20,000
We are required to determine the duration in years. We apply the compound interest formula;


The next step is to introduce natural logarithms in order to determine n;

The number of years required is thus 18.7 years
Answer:
Step-by-step explanation:
actually, it IS 7
Answer:
Correct answer is B
Step-by-step explanation:
hope it helps ^^
Your screen is to blurry, can you redo the question?? I’d like to help.
Answer:
$540
Step-by-step explanation:
Since we are paying 6% of the money on flowers we need to multiply our budget by .06. Let x equal the amount of money we payed for flowers.
x=9000*.06
Multiple the two numbers
x=540
We payed $540 for the flowers