IDNLearn.com connects you with experts who provide accurate and reliable answers. Our Q&A platform offers detailed and trustworthy answers to ensure you have the information you need.
Sagot :
Answer:
12.63 weeks ~~ 13 weeks
Step-by-step explanation:
This is much like a banking question with compounded interest
FV = PV ( 1 + i)^n FV = Future value = 1 m PV = present value = .3
i = periodic interest = .10 n = periods
1 = .3(1 + .1)^n solve for n = the number of weeks
1/.3 = 1.1^n
log (1/.3) / log 1.1 = n = 12.63 weeks
Prob around 12 weeks. Just times it by 1.01 and keep repeating it
Your participation is crucial to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. Discover the answers you need at IDNLearn.com. Thank you for visiting, and we hope to see you again for more solutions.
