You can find your answer by dividing if you would like so you can divide 300 by 6 to get your answer
Answer : 50
Answer:
4
Step-by-step explanation:
5 times 4 = 20
20 divided by 5 = 4
Assuming that this is a compounding interest rate, we use the future value formula which is expressed as: F = P ( 1 + i )^n where F is the future value, P is the present value, i is the interest rate and n is the compounding periods. We do as follows:
F = P ( 1 + i )^n
8000 = 4000 ( 1 + 0.0553)^n
n = 12.88 yrs or about 13 years
Therefore, option D is the answer.