It is negative because the plot is going down not up
Just a random guess 22,275 tell me if it right
Answer:
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Step-by-step explanation:
Answer:
5 years
Step-by-step explanation:
Principal Amount to be paid=$4500
Interest rate = 2%
Number if Times compounded= number of years
Number of years = x
Among total= $5010
A= p(1+r/n)^(nt)
But n= t =x
A= p(1+r/x)^(x²)
5010=4500(1+0.02/x)^(x²)
5010/4500 = (1+0.02/x)^(x²)
1.11333=( 1+0.02/x)^(x²)
Using trial and error method the number of years maximum to give approximately $5010 is 5 years
