add up all the numbers, then divide by how many numbers there are.
Answer:
Step-by-step explanation:
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Answer:
b
Step-by-step explanation:
the sum of 3 and 7 is 3+7. then times x
Answer:
First you gotta tell me wht dat is
Step-by-step explanation:then ill answer
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
