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
Answer:
you got there answer correct
Step-by-step explanation:
the lines all follow the answer
10 is proportional, while 11 is not. The answer for 10 is 1.5.