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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
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