Answer:
Step-by-step explanation:
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1,000,000,000 (one billion, short scale; one thousand million or milliard, yard, long scale) is the natural number following 999,999,999 and preceding 1,000,000,001. ... Previously in British English (but not in American English), the word "billion" referred exclusively to a million millions (1,000,000,000,000).
Answer:
10.24 years
Step-by-step explanation:
The computation of the time period is as follows:
As we know that
Amount = Principal × (1 + rate of interest)^time period
£8000 = £4000 × (1 + 0.07)^time period
£8,000 ÷ £4,000 = 1.07^time period
2 = 1.07^time period
Now apply the log to the both sides
log 2 ÷ log 1.07 = time period
= 10.24 years
Answer: What am I solving for?
Step-by-step explanation: ?