A community for students.
Here's the question you clicked on:
 0 viewing
super_map
 2 years ago
Question on pic :)
super_map
 2 years ago
Question on pic :)

This Question is Closed

satellite73
 2 years ago
Best ResponseYou've already chosen the best response.1\[2=(1+r)^5\] is a start but you do not need logs for this. \[\sqrt[5]{2}=1+r\] \[r=\sqrt[5]{2}1\]

satellite73
 2 years ago
Best ResponseYou've already chosen the best response.1looks like about \(14.8\%\)

super_map
 2 years ago
Best ResponseYou've already chosen the best response.0thank you!!! :) can you help me with thiss too please......

satellite73
 2 years ago
Best ResponseYou've already chosen the best response.1first one is \(2000(1.06)^{19}=6051.20\) rounded

AcidRa1n
 2 years ago
Best ResponseYou've already chosen the best response.0Sat when your done here can you help me?

satellite73
 2 years ago
Best ResponseYou've already chosen the best response.1not sure about "current value" hold on sec maybe we can find it, but if they make 6% per year and inflation is running at 8% obviously they are losing money

satellite73
 2 years ago
Best ResponseYou've already chosen the best response.1i am going to make a guess that "current value" would be \(2000(1.08)^{19}=8631.40\) rounded
Ask your own question
Sign UpFind more explanations on OpenStudy
Your question is ready. Sign up for free to start getting answers.
spraguer
(Moderator)
5
→ View Detailed Profile
is replying to Can someone tell me what button the professor is hitting...
23
 Teamwork 19 Teammate
 Problem Solving 19 Hero
 Engagement 19 Mad Hatter
 You have blocked this person.
 ✔ You're a fan Checking fan status...
Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.