A sum of $1000 is invested at an interest rate of 4.1% per year. Find the time required to grow to $4000 if interest is compound
1 answer:
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Answer:
see below
Step-by-step explanation:
A number line usually has numbers increasing from the right. If each unit on the number line represents $100, then a gain of $500 would be represented by the point at +5 units (right of 0). The loss would be represented by a point at -5 units, located left of 0.
The points are equidistant from 0 in opposite directions.
