5000(1+.085/4)^n=1000
to find n use log:
1.02125^n
N X log1.02125
when computed=32.9
round to 33 quarters compounded
33/4
equals to 8 years 3 months
So if 2 notebooks cost 12 divide that
12/2 =6 $ each
So to check if its true the 3notebooksx $6 dollars each should =$18 for 3 notebooks
5 notebooks at $6 each = $30 for 5 notebooks
so What is 4notebooks x$6 each ? =4x6 = $24 for 4 notebooks
Just add 32 + 33 = 65. 65 would be the minimum amount.
Answer:
Step-by-step explanation:
x= 1/4