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
Answer:
-x+11
Step-by-step explanation:
am not sure if this is correct but
2x-3x=-x
-7+18=11
-x+11
Answer:
6.025 as a mixed number is 6 1/40
6x^3y^9/36x^3y^-2 The x^3 values cancel each other out leaving the 1/6
(1/6)y^9/(y^-2) the y^-2 causes the y^9 to turn into y^11 (9+2=11)
(1/6)y^11/1 the 1/6 is multiplied by y^11
y^11/6
