The percent it needs to.grow each year is.4 percent because the investment wants.to.increase by factor.of.5. in 20 years. 20 divided by 5 would 4 percent each year.
Answer:
$18
Step-by-step explanation:
Your mistake was in this part 9 x 1/100 . After the decimal point the place value starts with tenths so you should write 9 x 1/10 .
Place values
Before the decimal
point
3 ones = 3 x 1
0 tens = 0 x 10
1 hundreds = 1 x 100
After the decimal
point
9 tenths = 9 x 1/10
0 hundredths = 0 x 1/100
3 thousandths= 3 x 1/1000
1 x 100 + 0 x 10 + 3 x 1 + 9 x 1/10 + 0 x 1/100 + 3 x 1/1000
100 + 0 + 3 + 0.9 + 0 + 0.003
100 + 3 +
0.9 + 0.003 = 103.903
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Answer:

Step-by-step explanation:

Here we can solve this in 2 ways ,
Method 1 :

Here the bases are equal. So,

Method 2 :

Here the exponents are same. So,

Okay the ten thousands is were the second nine is so look behind it 5 is 5 or bigger so we round up answer 2,000,000