By using the formula:
<span>FV = PV*(1+r/n)^(n*t)
</span><span>FV = 3000
PV = 100
r = 0.02
n = 12
t = ?</span>
Substituting the values of the variables, I got <span>a. 170.202 years. Hope that really helps. </span>
Answer:
6 thousands
Step-by-step explanation:
hope it helps
You can make it with 10 because 10%times 5% is 50%