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
When multiplying numbers, it doesn't matter which number is first or second.
The correct answer is: Commutative Property of Multiplication
1. (7 − 3i) • (2 − i)
It is simplified as follows:
14 - 7i -6i - 3
11 - 13i
2. <span>(−5 + 3i) • (1 − 2i)
</span><span>It is simplified as follows:
</span><span>-5 + 10i + 3i + 6
1 + 13i
3. (1 + 3i) + (2 − 5i)
</span><span>It is simplified as follows:
</span>1 + 3i + 2 − 5i<span>
3 - 2i
4. (6 + 2i) − (8 − 3i)
</span><span>It is simplified as follows:
</span><span>6 + 2i − 8 + 3i
</span>-2 + 5i
