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satellite73Best ResponseYou've already chosen the best response.1
\[2=(1+r)^5\] is a start but you do not need logs for this. \[\sqrt[5]{2}=1+r\] \[r=\sqrt[5]{2}1\]
 one year ago

satellite73Best ResponseYou've already chosen the best response.1
looks like about \(14.8\%\)
 one year ago

super_mapBest ResponseYou've already chosen the best response.0
thank you!!! :) can you help me with thiss too please......
 one year ago

satellite73Best ResponseYou've already chosen the best response.1
first one is \(2000(1.06)^{19}=6051.20\) rounded
 one year ago

AcidRa1nBest ResponseYou've already chosen the best response.0
Sat when your done here can you help me?
 one year ago

satellite73Best 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
 one year ago

satellite73Best 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
 one year ago
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