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

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

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

super_map Group TitleBest ResponseYou've already chosen the best response.0
@satellite73
 2 years ago

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

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

satellite73 Group TitleBest ResponseYou've already chosen the best response.1
not 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
 2 years ago

satellite73 Group TitleBest ResponseYou've already chosen the best response.1
i am going to make a guess that "current value" would be \(2000(1.08)^{19}=8631.40\) rounded
 2 years ago

super_map Group TitleBest ResponseYou've already chosen the best response.0
okay, thanks!
 2 years ago
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