Answer:
It will take 10.63 years.
Step-by-step explanation:
Giving the following information:
Present value (PV)= $4,000
Future Value (FV)= $10,000
Interest rate (i)= 9% annual compounded
<u>To calculate the time required to reach $10,000, we need to use the following formula:</u>
n= ln(FV/PV) / ln(1+i)
n= number of years
n= ln(10,000 / 4,000) / ln(1.09)
n= 10.63
It will take 10.63 years.
Im guessing your saying how do you write 1.92 x 10 when you multiply you dont need to line up your decimals but it would lookm something like this:
1.92
x 10
and if it was 1.92 and 10.0 it would look like this
1.92
x 10.0
the deimals dont line up because you are multipling but if you were adding or subtrcating then you would have to line it up but not in this case
Answer:
Step-by-step explanation:
3.57 x 10 ^ - 7 is the correct answer
