8. You can graph this or use the summation function on the TI computer.
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:
the answer is 23. even tho it says he had 30 at the time you must subtract 7 because thats what he started with. hope i could help! :D
Step-by-step explanation:
Answer:
20.8333333333
Step-by-step explanation:
Since 6 isn't a factor of 125 there will be a decimal.
6 goes into 125 20 times. Then it can fit in .8333333333 times.,
Answer:
Samuel : x
wife : y
sum of their age : 2+ x : 10
