Answer:
4j + 2
Step-by-step explanation:
Distribute:
(2j * 2) + (1 * 2)
4j + 2
4, 8, 12, 16, 20, 24, 28, 32, 36, 40
Hope this helps! ^_^
Answer:
18
Step-by-step explanation:
13.5 / 3 = 4.5
so 4 x 4.5 = 16 + 2 = 18
Present value, PV = $500
Future value, FV = 2*PV = 2*500 = $1,000
Rate, r = 4% = 0.04
Compounding times in a year, n = 4 (compounded quarterly)
Time, t = ??
The future value expression is stated as:
FV = PV (1+r/n)^nt
Substituting;
1000 = 500 (1+0.04/4)^4t
2 = (1.01)^4t
ln 2 = 4t ln 1.01
0.6931 = 4t* 0.00995
0.6931 = 0.0398t
t = 17.414 years
Time required for the amount to double is 17.41 years.
