Answer:
t = 3.801784017 years rounded off to 3.80 years
Explanation:
We need to calculate the time it takes for the initial investment of $1.5 million to grow and have a future value of $3 million. The formula to calculate the future value of a sum of money is,
FV = I * (1+r)^t
Where,
- FV is the future value
- I is the initial investment amount
- r is the rate of return
- t is the time in years
3 = 1.5 * (1+0.2)^t
3 / 1.5 = 1.2^t
2 = 1.2^t
log (2) / log (1.2) = t
t = 3.801784017 years rounded off to 3.80 years
Answer
True
Explain
a person who purchases goods and services for personal use is a consumer
Answer: Business intelligence
Explanation:
Business intelligence is a class of analytics tools that helps an organization align its strategy with what is happening within the operation.
Business intelligence (BI) combines data tools, mining, visualization, business analytics, and infrastructure, in order to assist businesses to make more decisions that are data-driven.
Answer:
1. karl benz
Explanation:
because his name ends with Benz
It is important to Learn, and Write down Results/Notes.