24 yrs, might not be the answer
3%=0.03 you have to get to 6%=0.06
So you find the value of each month in 3%
So 3% divided by 12 months = 0.0025
Now you have the value of each month MULTIPLY until you get 0.06
So: 0.0025 x 1, 2, 3, 4,…….. and so forth
So the your result will be
0.0025per months x 24yrs = 0.06 = 6%
24 years
Answer:
3/8
Step-by-step explanation:
Answer:
F = 1.25
Step-by-step explanation:
All you would have to do is cross multiply, so our equations starts at
. We would now multiply F by 8 and 2 by 5. We now have 8F = 10. We can now divide both sides of the equation by 8 to get F = 1.25.
f(n) is the nth term
Each term f(n) is found by adding the terms just prior to the nth term. Those two terms added are f(n-1) and f(n-2)
The term just before nth term is f(n-1)
The term just before the (n-1)st term is f(n-2)
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For example, let's say n = 3 indicating the 3rd term
n-1 = 3-1 = 2
n-2 = 3-2 = 1
So f(n) = f(n-1) + f(n-2) turns into f(3) = f(2) + f(1). We find the third term by adding the two terms just before it.
f3) = third term
f(2) = second term
f(1) = first term