Hi there
The formula is
A=p (1+rt)
We need to solve for t
T=[(A/p)-1]÷r
Where
A future value 2200
P present value 1000
R interest rate 0.08
T time?
So
T=((2,200÷1,000)−1)÷0.08
T=15 years
Another time like this question you should post in at mathematics subject
Hope it helps
I would say that the sectional tensions strengthened during the 1850s mostly because of slavery. As you already know, historically, the North and the South of US were very different. The North went out of its way to abolish slavery, whereas the South was pro-slavery. This is what created many tensions, and later on, even more wars between these two sections.
