Answer:
Years = {log(total) -log(Principal)} ÷ log(1 + rate)
Years = log(2,000) - log(1,000) / log(1.06)
Years = 3.3010299957 - 3 / 0.025305865265
Years = .3010299957 / 0.025305865265
Years = 11.8956610473 or about 11.9 Years
Step-by-step explanation:
The answer is one hundredth because to the right of the decimal place is the tenths which would equal one tenth so the next place is the hundredths place whisc would equal one hundredth.
Answer: 6.5
Step-by-step explanation:
Answer: ar·ith·met·ic pro·gres·sion
/ˌeriTHˌmedik prəˈɡreSH(ə)n/
noun
a sequence of numbers in which each differs from the preceding by a constant quantity (e.g., 3, 6, 9, 12, etc.; 9, 7, 5, 3, etc.).
the relationship between numbers in an arithmetic progression.
"the numbers are in arithmetic progression"
Step-by-step explanation: