Answer:
20.4 years
Step-by-step explanation:
The nper formula in excel comes handy in this scenario:
=nper(rate,pmt,-pv,fv)
Rate is the monthly rate of 5.4%/12
Assuming actual investment is $5,000 which is pv
The triple amount would be $5,000*3=$15,000 which is future value fv.
pmt is the regular cash flow the investment which is zero
=nper(5.4%/12,0,-5000,15000)= 244.68 months
Yearly it can be expressed as = 244.68/12 =20.39 years
When rounded to one decimal place it becomes 20.4 years
Answer:
woah its me and my answer woah
Are you trying to simplify? if so, the answer is 13u/6
<span>There were 12 wins. If they played 35 games, 12 were won and 14 were drawn, you just subtract them from 35 and you get 9. The team lost 9 games.</span>
X - 9y = -45 i’m not sure what line ? but this is in standard form
