Answer:
wryestudrytfuygiuhi'ojpokplkojih;uglyfkdtrjsezdfxh jshfxdgjcfkhgvbj.k/nl
Step-by-step explanation:
Sorry this is a tricky one IDK I'll ask some others to help you
Answer:
20 years
Step-by-step explanation:
We start by writing an exponential equation;
FV = PV( 1 + r)^t
FV is the future value = 1,000,000
PV is present value = 372,000
r is rate = 5% = 5/100 = 0.05
t is time which we are looking for
1,000,000 = 372,000(1 + 0.05)^t
1.05^t = 1,000,000/372,000
1.05^t = 2.688
t ln 1.05 = ln 2.688
t = ln 2.688/ln 1.05
t = 20 years
Answer:
25%
Step-by-step explanation:
1. 4.75/19 = .25
2. .25 = 25%
