What are you suppose to do - solve it or reduce it?
t = 5.3 years
(about 5 years 4 months)
Equation:
t = (1/r)(A/P - 1)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 7.2%/100 = 0.072 per year,
then, solving our equation
t = (1/0.072)((4835.6/3500) - 1) = 5.3
t = 5.3 years
Answer:
No
Step-by-step explanation:
You cant have 2 y values
Answer:
7
Step-by-step explanation:
