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super_map

  • 3 years ago

Question on pic :)

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  1. super_map
    • 3 years ago
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  2. anonymous
    • 3 years ago
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    \[2=(1+r)^5\] is a start but you do not need logs for this. \[\sqrt[5]{2}=1+r\] \[r=\sqrt[5]{2}-1\]

  3. anonymous
    • 3 years ago
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    looks like about \(14.8\%\)

  4. super_map
    • 3 years ago
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    thank you!!! :) can you help me with thiss too please......

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  5. super_map
    • 3 years ago
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    @satellite73

  6. anonymous
    • 3 years ago
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    first one is \(2000(1.06)^{19}=6051.20\) rounded

  7. AcidRa1n
    • 3 years ago
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    Sat when your done here can you help me?

  8. anonymous
    • 3 years ago
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    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

  9. anonymous
    • 3 years ago
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    i am going to make a guess that "current value" would be \(2000(1.08)^{19}=8631.40\) rounded

  10. super_map
    • 3 years ago
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    okay, thanks!

  11. anonymous
    • 3 years ago
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    yw

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