Answer:
20.4 years
Step-by-step explanation:
The nper formula in excel comes handy in this scenario:
=nper(rate,pmt,-pv,fv)
Rate is the monthly rate of 5.4%/12
Assuming actual investment is $5,000 which is pv
The triple amount would be $5,000*3=$15,000 which is future value fv.
pmt is the regular cash flow the investment which is zero
=nper(5.4%/12,0,-5000,15000)= 244.68 months
Yearly it can be expressed as = 244.68/12 =20.39 years
When rounded to one decimal place it becomes 20.4 years
Answer:
F = 48
Step-by-step explanation:
F= 8/5 (c) + 40
Let c=5
F = 8/5 * 5 +40
= 8 + 40
= 48
Answer:
7000
Step-by-step explanation:
Answer:
144:9
16
16 ft high
Step-by-step explanation:
Easy...could also be written as 144/9 or 144 to 9
Divide
Same thing
Hope this helps. Have a nice day
