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
2.60 + 3.56 = 6.16
6.16 + 3.82 = 9.98
9.98 + 5.116 = 15.096
15.096 + 5.16 = 20.256
20.256 + 6.16 = 26.416
The final answer is 26.416
For 2n it would be 15 upwards , so any number over 15.
5n would be any number about 20
