Answer:
(n+5)/6
n is a number plus 5. All divided by 6
Answer : 4900
(The answer is 4900, that’s what i got)
Hi there
The formula is
A=p (1+r/k)^kt
A future value 3000
P present value 100
R interest rate 0.02
K compounded monthly 12
T time?
We need to solve for t
T=[log (A/p)÷log (1+r/k)]÷k
T=(log(3,000÷100)÷log(1+0.02÷12))÷12
T=170.202 years
So it's a
Hope it helps
I uploaded the answer to a file hosting. Here's link:
bit.ly/3a8Nt8n