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.
Answer:
I believe the answer 16
Step-by-step explanation:
All you have to do is count.
It’s is greater it would only be equal if you multiplied it by 100
3400 is 10 times greater than 340 because if you divide 3400 by 10, you will get 340. Letting you know that 3400 is 10(ten) times greater than 340.
2 and 5. 1 isn't apart of the list because the definition of a prime number is having 1 and itself as a factor. 1 only has the number 1.
