## super_map Group Title Question on pic :) 2 years ago 2 years ago

1. super_map Group Title

2. satellite73 Group Title

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

3. satellite73 Group Title

looks like about $$14.8\%$$

4. super_map Group Title

thank you!!! :) can you help me with thiss too please......

5. super_map Group Title

@satellite73

6. satellite73 Group Title

first one is $$2000(1.06)^{19}=6051.20$$ rounded

7. AcidRa1n Group Title

Sat when your done here can you help me?

8. satellite73 Group Title

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. satellite73 Group Title

i am going to make a guess that "current value" would be $$2000(1.08)^{19}=8631.40$$ rounded

10. super_map Group Title

okay, thanks!

11. satellite73 Group Title

yw