The time that Carlene would have to wait to buy the desk is 4 years.
<h3>How long would it take before Carlene can afford to buy the desk?</h3>
When an amount of money is compounded, it means that both the amount that was invested and the interest accrued earn interest.
The formula that can be used to determine the time is
N = log(FV / PV) / log(e) / interest rate
log(500 / 400) / log(e) / 0.06 = 3.71 years = 4 years
To learn more about how to determine time, please check: brainly.com/question/25760893
Explanation:
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Answer:
The correct answer is option d: all of the above.
Explanation:
Having a teachers licences is a very honorable thing. Colleges and universities do not issue teacher licenses. Specific institutes built for this purpose issue licencees to teachers. The requirement for these license vary from state to state. The possession of a teacher's license gives the holder the legal right to teach.
Therefore all the options given in the question are true about teacher license.
