Answer:
Step-by-step explanation:
12: 8,700
13: 42
14: 70,000
15: 5,000,000,000
16: 2,210
17: 34,100
18: 1,650
19: 149
20: 290,000
Answer:
-10
Step-by-step explanation:




so,a=-10
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.