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
Answer:
length is 15.5 and the width is 12.5
Step-by-step explanation:
Length rectangle = 3cm. longer than its width.
Rectangle perimeter = 56 cm.
find its dimensions?
P = 2L +2w
L= w + 3
P= 56
P = 2L +2w
56 = 2(w+3) +2(w)
56 = 2w +6 + 2w
4w= 56 - 6
4w = 50
w = 50/4
w = 12.5
L= 12.5 +3 = 15.5
L= 15.5
Solution:
Length= 15.5 cm
Width = 12.5 cm
i know it looks complex but i hope this helps :)
Answer:
here you go! :)
hope it helps!
Step-by-step explanation: