Answer:
The think that the answer is question 1 is B and the answer to question 2 is also B.
Step-by-step explanation:
Answer:
Step-by-step explanation:
1st one
A=p (1+r)^t
A future value
P present value 4.98
R rate 0.04
T time
After 3 years
A=4.98×(1+0.04)^(3)
A=5.60
7.50=4.98 (1.04)^t
Solve for t
T=log(7.50÷4.98)÷log(1.04)
T=10 years
Hope it helps:-)
A) i think is the correct answer
